Michael Jackson's Estate to sell for $900 Million and other stories.
Michael Jackson's musical legacy is worth a fortune, and it looks like his estate is cashing in. Reports suggest that the estate is selling 50% of MJ's music catalog for a whopping 800 to $900 million.
Although the details are yet to be confirmed, the deal could include MJ's publishing rights, revenue from recorded music, MJ: The Musical, and the upcoming biopic. MJ's longtime label, Sony Music, is rumored to be involved in the acquisition.
