Sony Music is reportedly in talks to buy a 50% stake in Michael Jackson's estate — and it may be worth more than previously reported.
‘s estate worth?, which broke the news, that Sony Music Group is in negotiations to buy 50% of Jackson’s estate.couldn’t confirm those talks are happening, but we crunched the numbers and estimate that the estate may carry an even higher valuation than the $1.6 billion to $1.8 billion speculated in estimates that the Michael Jackson recorded master catalog averaged nearly $44 million in annual revenue over the last three years.
Altogether, the combined revenue from Jackson’s masters and publishing adds up to about $47.2 million. If trading at a 25-times multiple, that adds up to a nearly $1.2 billion valuation. At the ultra-megastar rate of 30 times, the valuation would be nearly $1.42 billion. Is a 30-times multiple out of the question? Jackson died in 2009, and the 1976 U.S. Copyright Revision grants copyright protection for work created after Jan. 1, 1978, for the life of the author plus 70 years.was released in 1979, so that means songs on that album and his subsequent releases expire in 2079. That would give any buyer 57 years to recoup and profit from the 30-times multiple.
But wait! There are more music-related assets from the Jackson estate to consider. The above estimates don’t include grand rights revenue that the estate receives from the Broadway productionshow in Las Vegas. The estate likely gets a producer’s cut from
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