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August 16, 2009

Michael Jackson Set To Earn More Than Presley

London, Aug 16 (PTI) Pop icon Michael Jackson is set to break rock and roll legend Elvis Presley record of beyond the grace earnings.

The executors of Jackson's will John Branca and John McClain say that cash has flooded in from a film deal and merchandising contracts, Mirror online reported.

Jackson has already earned 60 million pounds in the 50 days since his death and another 60 million pounds is expected by the end of the year putting Jackson on course to beat Presley's record of earning after death.

The King of Pop's longtime lawyer Branca, said, "Clearly that's a new record for estates that likely will not be broken."

Branca and McClain, a music executive and Jackson family friend, were named in the star's will as co-executors of his estate.

The pair have put together a series of deals for merchandise such as commemorative coins, school supplies and a 90 pounds coffee-table book.

 

PTINews / Thank you Joy!