Michael Jackson’s Legacy And Legendary Publishing Catalog
Music Publishing is an extremely lucrative market, if you have a good catalog of songs. In the case of Michael Jackson, he has one of the most envied catalogs in the music industry. To start he has his own catalog of songs, which is vast, popular and automatic revenue stream. He also holds one of the most popular and lucrative catalogs in music history, The Beatles catalog.
Purchased in 1985 for roughly 50 million dollars, it is valued today at over a billion dollars. Everyone knows The Beatles all to well. We also know the songs are played relentlessly on the radio; CD’s, DVD’s and vinyl’s still sell today at an extremely large volume per year.
Lennon and McCartney are the greatest and most successful songwriters of all time. No one can touch or even come close to their success. The closest 2 people to the Beatles success would be
- Elvis
- Michael Jackson
With Michael Jackson’s passing, his own CD’s have sold over 2.5 million in a span of 3 weeks. Artist royalties are very good, and yes the publishing as well.
The old saying goes and still stands, some people are worth more dead than alive.
Last word was, Sony ATV would still control the Beatles catalog, and profit of Michael’s side would go to the estate of Michael Jackson.
Sony ATV will be publishing more Michael Jackson CD’s in the future, as Michael has an archive of left over songs from all his albums, songs that have never been released. Rumor has it; it could as much as 3 CD’s worth of new material.
AEG Entertainment has stated, that the last full practice performance was recorded, and would be released in the future on DVD. This is guaranteed to be a best seller, and extremely profitable for all parties involved.
So in a nut shell, Music publishing is a lucrative business, if you have the right songs and popular artists.
About the Author
George Luker Writes and provides original content for various websites and blogs. SEO consultant. email: george.luker@gmail.com
Blogs: Musicians Resources a blog for Musicians. Front Stage a blog about music.
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