Michael Jackson royalties up 70% in past 12 months
Michael Jackson royalties up 70% in past 12 months, says PRS for Music
THE estate of Michael Jackson has been raking in profits from the grave as the popularity of his music hits new heights, it was announced today.
PRS for Music which collects royalties on behalf of song writers revealed on the eve of the anniversary of his death that the use of his music is up SEVENTY per cent in the year after his death compared to the year before.
The news follows recent reports that his estate is set to bring in $1billion in the year since he died. Last year, PRS for Music correctly predicted that the Pop icon's death would lead to a phenomenal increase in royalty earnings from music sales and radio & television airplay both in the UK and internationally.
Record sales soared as soon as news of Michael's death was announced on June 25 last year. More than 415,000 albums were sold in the first four days in America alone - and 2.3million songs were downloaded across the world.
Jackson wrote many of the 100 songs he recorded including Jam, Billy Jean, Bad, Smooth Criminal, Black or White and They Just Don't Care About Us. Since his death, Man in the Mirror royalties have increased by an incredible 1039% and Jam 1037% illustrating just how much usage has soared.
His estate, run by two US lawyers, has recently signed the most lucrative recording contract ever - a $250million deal with Sony for continuing rights to his music and further unreleased songs.
In addition, a $200million contract with Cirque du Soleil to create a Michael Jackson show in Las Vegas, Jackson merchandise, profits from The Beatles songwriting catalogue, the Thriller musical and the This Is It film released after his death have all helped raise the $1billion.
Top 20 Most Popular Tracks
Rank - Song title - % usage increase in past 12 months
1 - Man in the Mirror - 1039%
2 - Jam - 1037%
3 - They Don't Care About Us - 874%
4 - You are Not Alone - 718%
5 - Human Nature - 483%
6 - Leave me alone - 402%
7 - Another part of me - 370%
8 - Liberian Girl - 321%
9 - Remember the Time - 261%
10 - Smooth Criminal - 254%
11 - Thriller - 243%
12 - Earth Song - 211%
13 - Bad - 140%
14 - Dirty Diana - 136%
15 - Heal the World - 129%
16 - Black or White - 112%
17 - The Way You Make Me Feel - 99%
18 - You Rock My World - 98%
19 - Don't Stop 'Til You Get Enough - 92%
20 - Rock with You - 81%
Source: PRS for Music
Interestingly, Billie Jean does not appear on the chart (up just 42%) but the track was the most played song pre- Michael Jackson's death (double that of Thriller) illustrating a broadening in the use of his repertoire than when he was alive.
The PRS for Music findings also looked at the sources of the increase which found that TV showed the biggest increase at 118%, with online consumption at 72%. The 'This is It' film released last year boosted TV figures together with the help of the X Factor contestants who released 'You are Not Alone' as their charity single at the end of last year.
Rank - Category - % Usage Increase
1 - TV - 118
2 - Online - 72
3 - Public Performances - 61
4 - Radio - 33
Source: PRS for Music
PRS Chairman Ellis Rich said: 'These figures are a tribute and a testament to the lasting iconic quality of the songs Michael recorded, many of which he wrote or co-wrote and will no doubt ensure he will go down in history as one of the greatest artists of all time. It's fantastic that we can continue to listen and enjoy his music, and greatnews for the many song-writers who worked with him.'
PRS for Music:
PRS for Music represents 65,000 songwriters, composers and music publishers in the UK. As a not-for-profit organisation it ensures creators are paid whenever their music is played, performed or reproduced; championing the importance of copyright to protect and support the UK music industry. The UK has a proud tradition of creating wonderful music that is enjoyed the world over and PRS for Music has been supporting the creators of that music since 1914.
PRS for Music provides business and community groups with easy access to over 10m songs through its music licences. In an industry worth £3.6bn PRS for Music is uniquely placed to be a voice for music and can provide data and comment for all aspects of the business: live, broadcast, sales, online, touring and music creation and up to date analysis, research and trends about the industry.
www.prsformusic.com
www.myspace.com/prsformusic
THE estate of Michael Jackson has been raking in profits from the grave as the popularity of his music hits new heights, it was announced today.
PRS for Music which collects royalties on behalf of song writers revealed on the eve of the anniversary of his death that the use of his music is up SEVENTY per cent in the year after his death compared to the year before.
The news follows recent reports that his estate is set to bring in $1billion in the year since he died. Last year, PRS for Music correctly predicted that the Pop icon's death would lead to a phenomenal increase in royalty earnings from music sales and radio & television airplay both in the UK and internationally.
Record sales soared as soon as news of Michael's death was announced on June 25 last year. More than 415,000 albums were sold in the first four days in America alone - and 2.3million songs were downloaded across the world.
Jackson wrote many of the 100 songs he recorded including Jam, Billy Jean, Bad, Smooth Criminal, Black or White and They Just Don't Care About Us. Since his death, Man in the Mirror royalties have increased by an incredible 1039% and Jam 1037% illustrating just how much usage has soared.
His estate, run by two US lawyers, has recently signed the most lucrative recording contract ever - a $250million deal with Sony for continuing rights to his music and further unreleased songs.
In addition, a $200million contract with Cirque du Soleil to create a Michael Jackson show in Las Vegas, Jackson merchandise, profits from The Beatles songwriting catalogue, the Thriller musical and the This Is It film released after his death have all helped raise the $1billion.
Top 20 Most Popular Tracks
Rank - Song title - % usage increase in past 12 months
1 - Man in the Mirror - 1039%
2 - Jam - 1037%
3 - They Don't Care About Us - 874%
4 - You are Not Alone - 718%
5 - Human Nature - 483%
6 - Leave me alone - 402%
7 - Another part of me - 370%
8 - Liberian Girl - 321%
9 - Remember the Time - 261%
10 - Smooth Criminal - 254%
11 - Thriller - 243%
12 - Earth Song - 211%
13 - Bad - 140%
14 - Dirty Diana - 136%
15 - Heal the World - 129%
16 - Black or White - 112%
17 - The Way You Make Me Feel - 99%
18 - You Rock My World - 98%
19 - Don't Stop 'Til You Get Enough - 92%
20 - Rock with You - 81%
Source: PRS for Music
Interestingly, Billie Jean does not appear on the chart (up just 42%) but the track was the most played song pre- Michael Jackson's death (double that of Thriller) illustrating a broadening in the use of his repertoire than when he was alive.
The PRS for Music findings also looked at the sources of the increase which found that TV showed the biggest increase at 118%, with online consumption at 72%. The 'This is It' film released last year boosted TV figures together with the help of the X Factor contestants who released 'You are Not Alone' as their charity single at the end of last year.
Rank - Category - % Usage Increase
1 - TV - 118
2 - Online - 72
3 - Public Performances - 61
4 - Radio - 33
Source: PRS for Music
PRS Chairman Ellis Rich said: 'These figures are a tribute and a testament to the lasting iconic quality of the songs Michael recorded, many of which he wrote or co-wrote and will no doubt ensure he will go down in history as one of the greatest artists of all time. It's fantastic that we can continue to listen and enjoy his music, and greatnews for the many song-writers who worked with him.'
PRS for Music:
PRS for Music represents 65,000 songwriters, composers and music publishers in the UK. As a not-for-profit organisation it ensures creators are paid whenever their music is played, performed or reproduced; championing the importance of copyright to protect and support the UK music industry. The UK has a proud tradition of creating wonderful music that is enjoyed the world over and PRS for Music has been supporting the creators of that music since 1914.
PRS for Music provides business and community groups with easy access to over 10m songs through its music licences. In an industry worth £3.6bn PRS for Music is uniquely placed to be a voice for music and can provide data and comment for all aspects of the business: live, broadcast, sales, online, touring and music creation and up to date analysis, research and trends about the industry.
www.prsformusic.com
www.myspace.com/prsformusic
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