Future Albums
Following the surge in sales of Jackson's catalogue following his death, Sony Music Entertainment, lead by its Columbia/Epic Label Group division, signed a new deal with the Jackson estate to extend distribution rights to his back catalogue until 2015, which was later extended to 2017, as well as permission to release ten new albums with previously unreleased material and new collections of released work. The deal is the most expensive music contract to a single artist in history, with Sony Music reportedly paying $250 million for the deal, and the Jackson estate getting the full sum, as well as a share of royalties for all works released.
Read more about this topic: I Have This Dream
Famous quotes containing the word future:
“There are many of us who cannot but feel dismal about the future of various cultures. Often it is hard not to agree that we are becoming culinary nitwits, dependent upon fast foods and mass kitchens and megavitamins for our basically rotten nourishment.”
—M.F.K. Fisher (1908–1992)