estate of Michael Jackson
Definition
The legal entity comprising the assets, intellectual property, debts, and rights inherited from the late singer Michael Jackson upon his death in 2009, managed by executors such as John Branca and John McClain.
A multi-billion-dollar portfolio including music catalogs (like the Beatles' publishing rights), real estate such as Neverland Ranch, and ongoing revenue from licensing deals, tours, and merchandise.
Examples
The estate of Michael Jackson quietly moonwalked past another billion in revenue last year.
Fans thrilled when the estate of Michael Jackson dropped a holographic tour, bringing the King of Pop back from the beyond.
Legal eagles circle the estate of Michael Jackson like zombies in a thriller video, but the executors keep spinning gold records.
Owning a piece of the estate of Michael Jackson means your portfolio can beat it to the bank on royalties alone.
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