But a year later, his fortune has managed to bring the death that Jackson had to create problems later in life: a series of major stable income flows. Sources familiar ie the number of record sales of Michael Jackson, the publishing rights, ringtones, movies and merchandise have generated between 250 million and U.S. $ 275 million for the farm during the years since she died. CNBC has learned that once the debts amounted to $ 500,000,000 have been reduced to about U.S. $ 400 million, a figure that will soon be reduced to $ 350 million. We will never know what kind of chance Jackson would have generated on the tour. Her death by drugs -- says a murder -- to stop this. The mortgage on the Jackson family home has been paid.
The task of managing the millions of dollars to come, and millions still to pay is administered by the Co-executors John Branca, the lawyer for a long time, and music industry veteran John McClain, who grew up Michael Jackson and his brothers. Both had worked not only with the king of pop, but I was with him for decades. The beneficiaries of the legacy of Jackson are his three children, his mother Katherine and the charitable causes he loved.
Sources said the album will include the re-release of Jackson's first solo album success in adulthood, "Off The Wall, with waterfalls and remixes. There will be an album of unreleased recordings.'s The big winner last year were 125 million Prepaid US dollars by Sony in a deal of 200 million euros, 10 albums over the next seven years.
However, sources say that this money was to repay a loan of 75 million U.S. dollars in Jackson MIJAC. Other income includes $ 35,000,000 MIJAC Music Publishing, owner of Jackson's songs. The area also has managed to restructure the loan, reducing the interest rate of 16 percent in less than four percent. Approximately $ 45,000,000 of credit remains, and may be repaid in full 12 to 18 months.