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Sony And Jackson's Estate Sign 'Most Lucrative' Deal Ever

Time's Quote of the Day comes courtesy of Rob Stringer, chairman of Sony's Columbia Epic label: "There may be theater. There may be films and movies. There may be computer games."

He's referring to the deal cut with the specter of Michael Jackson, which guarantees his estate at least $200 million over seven years and is being touted, according to Ethan Smith in the Wall Street Journal, as the most lucrative recording contract ever. "Sony is betting that the appetite for Mr. Jackson's music will prove more than just a spike generated by his unexpected death and the ensuing round-the-clock coverage," Smith writes.

As far as the music itself goes, an album containing previously unreleased songs is scheduled for 2010 release; another will follow. Expanded reissues of the "Off the Wall" and "Bad" albums are also likely as are collections of remixes.



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