His life legacy put together, 'This Is It' was just the beginning.
The Wall Street Journal reported that Michael Jackson's estate is poised to sign a seven-year, $200 million contract with the late artist's longtime label, Sony Music Entertainment, in what would be the richest recording deal in history.
During his life, Michael was a huge star and even after his death, it seems he is still alive through the spirit of his music and all he has contributed to the music world.
The $200 million is guaranteed and the contract could end up being worth millions more depending on the performance of efforts of remastered various projects.
Things look promising. E! Hollywood reported that not only did 'This Is It' sell more than 5 million copies, but Jackson was the biggest-selling artist of 2009. People snatched up more than 31 million copies of his albums following his death in June, with two-thirds of sales occurring outside the U.S.
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