Jackson estate and Sony sign record-breaking $250m deal

SONY and the estate of late music legend Michael Jackson have signed a record-breaking $250-million (€182m) deal for distribution rights until 2017, US media said yesterday.

The blockbuster deal involving as many as 10 new Jackson projects may include computer video games as well as music and film releases, the Los Angeles Times said.

“The audio rights span across different projects,” said Rob Stringer, chairman of US label Columbia Epic, a division of Sony, the Times reported.