Entertainment
Michael Jackson rakes in $2billion after death
The King of Pop, late Michael Jackson has raked in more than $2billion since he died.
The ‘Thriller’ hitmaker died in 2009 but since his passing, posthumous business dealings have brought in an average of over $360 million a year, recently-audited records have shown.
The paperwork confirmed Sony bought the ‘Billie Jean’ singer’s 10% lifetime rights to the EMY catalogue for $287.5 million and he earned over $72 million from separate work deals.
In the years after his death, Michael’s account was around $500 million in debut, but now the net value of his property, cash accounts and overall earnings are $888,279,305.
And a note stated: “In excess of [$150, 000, 000] of gross receipts was received between January 1, 2019 and December 31 2021.”
A lawyer for the estate praised executors John Branca and John McClain for their work restructuring the financial arrangements of the late singer, who is survived by children Prince, 25, Paris, 24, and Bigi, 20.
Lawyer Jeryll S. Cohen noted: “The executors have been able to create exceptional and unique opportunities that did not exist at the time of Michael Jackson’s death to generate substantial revenues and enhance the image and legacy of Michael Jackson for the benefit of the beneficiaries of Michael’s Trust.
“As of December 31, 2021, the Estate generated gross earnings exceeding $2billion dollars.”
He went on to add the executors have entered “unprecedented business deals” and “solidified the MJJ business as a significant entity in the entertainment industry”.
The pair were also praised for providing “uninterrupted support” for the ‘Bad’ hitmaker’s family as the documents, which have been signed off by a judge in Los Angeles, show all the family homes, mortgages, expenses of the three children and Michael’s mother Katherine have been covered fully.
David Adeleke, the Afrobeats performer known as Davido, said he is Igbo by blood. The singer shot back at someone who warned him about being friendly with Igbo people, saying he could worry about betrayal as a Yoruba man.
The X user, Yakbel, said: “Davido just dey carry Ibo full body, until when dem betray am before e rest. Yoruba boy dey frolick with Ibos in 2025, they want your head and everything you have to belong to them. You can never satisfy Ibos. Ibos are not people you surround yourself with as a Yoruba man.”
Davido overlooked the criticism and just replied:
“Lol. My ancestors are from the Igbo people.”
Nigerian online streamer, Habeeb Hamzat popularly known as Peller has revealed he convinced his girlfriend, Jarvis, to turn down a ₦3 billion offer from Netflix since it required her to kiss someone during the show.
Peller mentioned this during a livestream with Peter Okoye from P-Square.
Peller said, “Netflix offered 3 billion Naira my girlfriend, Jarvis to do a kissing scene, but I turned it down.”
Peter asked, “Do you mean N3 million or N3 billion?”
Peller replied, “N3 billion! I know you might not believe me, but I have the record of the video call. I warned them never to contemplate such ever again. I love my baby. I don’t joke with my baby. She is my life.”
Peter added, “Always look out for her.”
Video:
https://x.com/Olamide0fficial/status/1923628972358676752?t=N0rPHlgwC33k2w_DrIPATw&s=19
Nigerian actor, Charles Okocha has paid a heartwarming visit to legendary actor Kanayo Kanayo ahead of his upcoming wedding.
Charles visited Kanayo to bring his wedding invitation to him in person. In the video shared by Kanayo, Okocha described him as a man who influenced his acting career greatly and, therefore called him his family and role model.
Sharing the video, Kanayo expressed his happiness for Okocha in his post, celebrating the groom-to-be. see his response below:
“@charles_okocha was here to pay homage to NNANYISACRIFICE
We are ayside for tomorrow. Congratulations Congratulations Congratulations Congratulations Congratulations. We will SACRIFICE his MADNESS on Kanayo O Kanayo TV on YouTube,” he stated.
Former President Muhammadu Buhari is dead
Davido Reveals He’s Igbo By Blood
I Told Jarvis to Reject ₦3 Billion Netflix Role Over Kissing Scene – Peller Claims
-
Entertainment4 years agoActress Regina Daniels celebrates her 21st birthday in style (photos)
-
Entertainment4 years agoComedian Sabinus buys his parents a house in Port Harcourt
-
Features4 years ago7 Nigerian celebrities who bleached their skin before and after photos
-
Entertainment4 years agoSee photos from Ned Nwoko’s son spider man-themed birthday party
-
Entertainment4 years agoThe only letter I want to read is Israel’s sack letter — Davido tells his lawyer
-
Entertainment4 years agoNicki Minaj celebrates son’s first birthday with adorable photos
-
Entertainment4 years agoInstagram deletes Whitemoney’s account
-
Entertainment4 years agoYul Edochie celebrates 16 years old daughter as she graduates from secondary school