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EXCLUSIVE! — Michael Jackson’s Thriving Estate Makes it a Target for Extortion Attempts

NNPA NEWSWIRE — Despite vast challenges and unproven allegations, the executors have transformed Jackson’s estate into a financial powerhouse. Following Jackson’s death in 2009, the estate was nearly half a billion dollars in debt. Through strategic deals and projects, they turned it into a multi-billion-dollar enterprise. This included a blockbuster $600 million sale of 50% of Jackson’s music catalog to Sony wherein the Estate maintained control and the success of projects like “Michael Jackson’s This Is It,” the highest-grossing concert film in history.

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Michael Jackson live "Dangerous Tour" in Monza (Italy) 06/07/1992. Photo: Daniele Dalledonne from Trento, Italy / Wikimedia Commons.

A Little About Me: I'm the co-author of Blind Faith: The Miraculous Journey of Lula Hardaway and her son, Stevie Wonder (Simon & Schuster) and Michael Jackson: The Man Behind The Mask, An Insider's Account of the King of Pop (Select Books Publishing, Inc.) My work can often be found in the Washington Informer, Baltimore Times, Philadelphia Tribune, Pocono Record, the New York Post, and Black Press USA.

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