ReidOne 12,427 Posted October 13, 2016 Share Posted October 13, 2016 Michael Jackson has topped Forbes annual ranking of the highest earning dead celebrities. His $750M sale of the Sony/ATV music publishing catalog (which contains most of the Beatle music) is what pushed him to the top. People mocked him for decades for this investment, but it paid out a 30% annualized return on investment, which is amazing!! MJ... King of Finances!! The purchase of the catalog was controversial, not just because people questioned the value, but because it effectively ended his friendship with his long-time pal, Beatles' Paul McCartney (whom he outbid to purchase the catalog). Full story here: http://www.forbes.com/sites/zackomalleygreenburg/2016/10/12/the-highest-paid-dead-celebrities-of-2016/ Link to post Share on other sites More sharing options...
xoxo cupcakke 4,781 Posted October 13, 2016 Share Posted October 13, 2016 Wait, so he owned their publishing rights as well? Correct me if I'm wrong, but if not, damn Link to post Share on other sites More sharing options...
ReidOne 12,427 Posted October 13, 2016 Author Share Posted October 13, 2016 MJ and Paul in happier times... MJ's part of this song is such a bop! I also love the 2005 club remix by Hi_Tack (aka, the legendary Klubbheads) which only uses the MJ part of the song --- my fave part: Link to post Share on other sites More sharing options...
Red 98,021 Posted October 13, 2016 Share Posted October 13, 2016 Dead celebrities industry is DISGUSTING If you see me posting like crazy, I'm either bored or procrastinating. Link to post Share on other sites More sharing options...
Quartz 12,535 Posted October 13, 2016 Share Posted October 13, 2016 Makes you think what use that money is to him now. Slay a bit I guess Inside, we are really made the same. 🕊 Link to post Share on other sites More sharing options...
Music 15,215 Posted October 13, 2016 Share Posted October 13, 2016 wow, not even Prince or Bowie? considering their unexpected deaths? King of Pop Link to post Share on other sites More sharing options...
Dunk96 2,526 Posted October 13, 2016 Share Posted October 13, 2016 He has practically been the #1 highest earning deceased celebrity since he died. There were only two years where he wasn't (2009 and 2012). Link to post Share on other sites More sharing options...
ReidOne 12,427 Posted October 13, 2016 Author Share Posted October 13, 2016 Just now, ReidOne said: I also love the 2005 club remix by Hi_Tack (aka, the legendary Klubbheads) which only uses the MJ part of the song --- my fave part: Going off topic, but Klubbheads/Hi_Tack were also the producers behind these classic club bops! I just now realized this reading their Wikipedia page... Link to post Share on other sites More sharing options...
ReidOne 12,427 Posted October 13, 2016 Author Share Posted October 13, 2016 2 minutes ago, Music said: wow, not even Prince or Bowie? considering their unexpected deaths? King of Pop They both made the top 10, but nowhere near MJ's numbers. Even without the Sony/ATV catalogs sale, MJ's earnings were $75M which puts him head and shoulders above #2 Peanuts creator Charles Schulz who brought in $48M. Link to post Share on other sites More sharing options...
DeanWinchester 41,390 Posted October 13, 2016 Share Posted October 13, 2016 Surprised @PartySick isnt here yet Flyin' like a 1000 Doves Link to post Share on other sites More sharing options...
LePetitGAGABLover 21,234 Posted October 13, 2016 Share Posted October 13, 2016 Mess at a dead artist getting more money than our faves Link to post Share on other sites More sharing options...
PrinceGaga 7,585 Posted October 13, 2016 Share Posted October 13, 2016 yaaas my king Link to post Share on other sites More sharing options...
Hexxx 2,244 Posted October 13, 2016 Share Posted October 13, 2016 I wish my deceased loved ones could earn money after death. Then i wouldn't need a job. Where does the money go? to his grave? Lady Gaga/ Madonna/Lana /Azealia Banks/ Jazmine Sullivan/ DEEE-LITE/ Moko Link to post Share on other sites More sharing options...
Boyboi12 2,125 Posted October 13, 2016 Share Posted October 13, 2016 It's only because of the catalog, they won't print that story next year when the numbers balance out... alwsys trying to find way to get readers and the public attention Link to post Share on other sites More sharing options...
Boyboi12 2,125 Posted October 13, 2016 Share Posted October 13, 2016 32 minutes ago, ReidOne said: They both made the top 10, but nowhere near MJ's numbers. Even without the Sony/ATV catalogs sale, MJ's earnings were $75M which puts him head and shoulders above #2 Peanuts creator Charles Schulz who brought in $48M. What is that 75 million base off of? Link to post Share on other sites More sharing options...
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