Michael Jackson’s Estate Signs Biggest Music Deal Ever

March 16th, 2010

The executors of Michael Jackson’s estate have signed off on the biggest deal in recorded music history, making a guaranteed $200 million on future releases from the late King of Pop.

TMZ confirmed the agreement between Sony Music and John Branca and John McClain, the estate controllers, with The Associated Press adding that it covers 10 projects over seven years and has the potential to net $250 million.

The first new release under this deal will be an album of fresh material to hit stores in November, with another set for next year.