Michael Jackson makes $1bn since death last year

Wednesday June 23, 2010

The king of pop's legacy clearly still lives on, one year after his death.

According to Billboard magazine Michael Jackson's estate has made more than $1bn (£677m) since his death a year ago.

The publication says that the king of pop's album sales have generated about $383m (£259m), while his film This Is It has taken nearly $400m (£271m).

A new recording contract is also said to have made $31m (£21m).

Ten albums of the late singer's music are to be released over the next seven years, including one containing previously unreleased material.

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