The man in charge with preparing the new album is Rodney Jerkins, the producer of the album “Invincible” in 2001, Michael Jackson’s last studio album, before his death in June last year.
The album will be released by Sony Music in November after completion a business-record by the production house, which has paid in March, 250 million dollars to Michael Jackson’s heirs to edit ten albums of his music and launch artist name associated derivatives in the next seven years.
Besides these ten songs to be released on the new album, “The King of Pop” left behind about 100 other songs that have not been released yet, many of them dating from his heyday, in the 80s. Artist manager, Frank DiLeo, confirmed that some songs were recorded by Michael Jackson with Akon and will.i.am, in the ’90s.
Michael Jackson is not the first artist whose career continues long after his death. Seven original albums under Tupac Shakur’s signature was released after the rapper was killed in 1996. Also, Johnny Cash’s first album, came in first place, was launched in 2006, three years after the death of the famous country singer.
Rumors say that his estate will earn $200 million guaranteed for 10 projects in the following seven years. The landmark contract extends through 2017 and could pay his estate much more.
According to other reports, it seems that one of the albums will be of never-before-released Jackson recordings that will come out in November and there is also unreleased material for 2 or 3 albums.
Rumors say that these projects may also include a video game, a DVD compilation of videos and a re-release of Off the Wall, Jackson’s fifth studio album, which debuted back in ’79.
After his death, Jackson sold 31 million albums, about two-thirds of them outside the U.S.
“During his life, Michael’s contracts set the standard for the industry,” said John Branca, the co-administrator of the Jackson estate, in a statement Tuesday.
“By all objective criteria, this agreement with Sony Music demonstrates the lasting power of Michael’s music by exceeding all previous industry benchmarks.”
The landmark contract is worth more than all other benchmarks, such as the deals Live Nation signed with Madonna at $120 million and Jay-Z for $150 million.
The most important thing is that the money will go a long way toward paying off Jackson’s considerable debts, and providing a future for his three children.
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