Michael Jackson: Estate nets $100 mil in deals since his death
The net worth of the late Michael Jackson is likely to double with earnings of $200 million by the end of 2009, reports the Los Angeles Times. Entertainment attorney John Branca — who represented Jackson from 1980 to 2006, and was rehired eight days before Jackson died — told the Times that the deals struck in the seven weeks since Jackson’s death on June 25 will add $100 million to the entertainer’s estate. Those pacts include a film project and merchandising deals. In the interview, Branca also noted that Jackson left behind around 60 new recordings, and that the soundtrack from the film of Jackon’s final tour rehearsals will feature a new song by the performer.