Michael Jackson's estate has made more than US$1 billion since his death a year ago, according to estimates by Billboard. The magazine says Jackson's album sales have generated about $383 million, while revenue from the film This Is It has hit nearly $400 million. Profits from publishing rights, licensing, and touring are also included in the total. A new recording contract is estimated to have made $31 million so far. Despite the This Is It tour never getting off the ground, revenue from tickets retained by fans as souvenirs and not refunded brought in about $6.5 million, with merchandise raking in $5 million, although concert promoter AEG has a cut of these profits.
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