earnings.
For the second year in a row, Michael Jackson leads
FORBES' list of the top-earning dead celebrities, released last
week. The King of Pop raked in a staggering $170 million
over the past year, more than any living musical act besides
U2.
So how many living stars does it take to equal a year of
Jackson's postmortem production? My colleague Dorothy
Pomerantzand I broke it down visually in the Focus section of
the latest issue of FORBES–see the graphic above. As it turns
out, the combined earnings of Lady Gaga ($90 million), Justin
Bieber ($53 million), Eminem ($14 million) and Kate Moss
($13 million) add up to exactly one Michael Jackson ($170
million).
The Gloved One has earned roughly half a billion dollars
since his death in the summer of 2009, thanks to aggressive
deal-making by his estate's executors–most notably a $250
million pact with Sony for ten musical projects over the next
seven years and another $60 million for the rights to the
film This Is It.
DVD sales, licensing fees and royalties from Jackson's own
Mijac Music each add double-digit millions to his annual
take. His most valuable asset is a 50% stake in the Sony/ATV
music catalog; Jackson's share still throws off $50 million to
$75 million per year.
Next up: the Cirque du Soleil-backed Michael Jackson: The
Immortal World Tour. The show has already sold $40 million
in tickets and grosses an average of $2.5 million per night,
according to concert data provider Pollstar. For those keeping
score, that's a full $1 million more per show than Lady Gaga,
Justin Bieber, or Eminem.
Via: Forbes
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