Michael Jackson's Estate Signs $250M Sony Contract

That's a lot!

From Our Friends at PopEater

Michael Jackson's estate has nailed down a serious contract for $250M with Sony. Saying that Jackson's contracts "set the standard for the industry," a rep from Jackson's estate spoke a big about the deal, which includes an album released later this year.

PopEater reports:

"Expect to hear a lot more Michael Jackson music in the coming years.

Sony has signed the late King of Pop's estate to a recording contract that guarantees $200M and could be worth up to $250M, TMZ reports.

The deal stipulates that there will be seven projects over the next 10 years that include never before released Jackson music."

Want to know what Michael Jackson's estate rep said about the contract? Take a look at PopEater!

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