Michael Jackson is the world's richest dead celebrity—and his empire doesn't look like it will suffer much from 'Leaving Neverland' fallout
$47.5 million for the original ATV catalog, which included some of the Beatles' biggest hits, in the 1980s before merging it with Sony's a decade laterseems complicated at best. Any theoretical unwinding of Jackson's publishing would likely drag along other music contained within his Mijac publishing entity, the catalog of Sly and the Family Stone, as well as hits popularized by Aretha Franklin and Jackson's late father-in-law Elvis Presley.
Beyond music, other licensing deals appear to have remained in place thus far. Authentic Brands Group, which handles Jackson's merchandise, asserts that none of its partners have pulled out of any agreements., the Cirque du Soleil production at Mandalay Bay in Las Vegas, seems to be on track as well . Sin City ticketing is notoriously opaque, but show dates look to be half-to-two-thirds full as far out as December, although a spokesperson for Cirque wouldn't reveal exact sales numbers.
Selling Neverland: Jackson's ranch is on the block; the asking price has dropped from $100 million to $31 million since 2015.
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