elmari
Proud Member
Has anyone figured out how much Michael's estate has earned from TII's box office?
From what I understand, after initial $135 million that goes to Sony, the estate and AEG split the profit 90:10. So TII made about $252 million.
~252m - 135m = 117m
so AEG (10%) --> ~$11.7 million profit
MJ estate (90%) --> ~$105.3 million profit
Does this sound about right? But what about all this splitting with the movie theaters and stuff? Does that come out of the $135 million that Sony made?
Also, does anyone know how much exactly the estate made from the $60 million Sony deal in the first place. I know we all thought it was 90:10 in favor of the estate, but I read that AEG was able to recoup the $30 million it had invested in Michael from that deal. True, yes or no?
*note*: I hope I did my math correctly! LOL! I am sooooo not a math person!
From what I understand, after initial $135 million that goes to Sony, the estate and AEG split the profit 90:10. So TII made about $252 million.
~252m - 135m = 117m
so AEG (10%) --> ~$11.7 million profit
MJ estate (90%) --> ~$105.3 million profit
Does this sound about right? But what about all this splitting with the movie theaters and stuff? Does that come out of the $135 million that Sony made?
Also, does anyone know how much exactly the estate made from the $60 million Sony deal in the first place. I know we all thought it was 90:10 in favor of the estate, but I read that AEG was able to recoup the $30 million it had invested in Michael from that deal. True, yes or no?
*note*: I hope I did my math correctly! LOL! I am sooooo not a math person!