How much procent will the estate get from the "Michael" album?

[cgrimberg]

How much money will the estate (his children and Kathrine) get and all others involved ? 80% ?

 

[SunsetDriver]

The Estate signed a $250 million deal with Sony for 10 projects in 7 years.

If I'm not wrong according to Michael's will it should be:

40% MJ children
40% Katherine
20% charity

 

[cgrimberg]

so SONY will get NOTHING ?

 

[Hess]

Sony will earn from the sales.

Of course SONY is not PAYING money to release MJ, sure they make a lot of money too.

 

[cgrimberg]

How much from the sales will the estate get and sony ?

 

[Jan]

yup..and don't forget we didn't get to see the real contract.
Based on the various articles, Sony can get 0 or tens of millions for these 10 projects, it's up to them-maybe they'll sell few more TV's, have a look on all that Sony LCDs in the BN teaser. Iam wondering how much harmless (?) subliminal messages will be in the next projects

 

[Hess]

if a CD is sold for 10 dollars

5 could go to SONY

5 to The Estate

But I don't know how it really is. maybe it's 8 to sony and 2 to the estate.

 

[Jan]

Um, are you just guessing? It does not work that way, for an album worth around 10usd, artist usually gets around 1 dollar.
On top of 250mil, the estate will get 20% from the sales? Sounds a little too good...

 

[Hess]

maybe they only get 50 cent

We don't know.

 

[h0opman31]

isnt Sony gettign 10 percent?

 

[aganim]

if a CD is sold for 10 dollars

5 could go to SONY

5 to The Estate

But I don't know how it really is. maybe it's 8 to sony and 2 to the estate.

it's like: (for 10 dollar CD)

3$ for the shop
2 to 3$ for Sony/Epic
2$ for production/shipping etc. costs
2$ for the Estate (40% for MJ children, 40% Katherine, 20% charity AFAIK)
(1$ for the artists)

everything rounded and remember Sony invests money into promotion (hopefully)
and there may be special conditions/contracts for the artists