in 1993-94 he WAS collecting money like that
stop it.
He was collecting money like that on HIS OWN TOURS AND ENDORSEMENTS
not even getting into the catalog shit.
In a thriller of a deal, pop icon Michael Jackson has signed a long-term contract with Sony Corp. that guarantees him an unprecedented share of the profits from his next six albums, his own record label, a role in developing video software products and a shot at movie stardom.
www.latimes.com
$5 million per record plus a 25% royalty from each album based on retail sales.
He made a combined $70 million from separate endorsement contracts with Pepsico and L.A. Gear. Jackson also owns the publishing rights to the Beatles songs.
ackson’s next record, for which he reportedly received an $18-million advance, is due this summer. In addition, Jackson will be paid a onetime $4-million fee, informed sources said, plus $1 million a year to run Nation Records, the record label created under the deal. Sources said Sony also agreed to put up $2.2 million a year in administration costs.
Dangerous was the 1st album to come out under this deal
This is what it sold.
- US: 8× Platinum[11]
- AUS: 10× Platinum[31]
- CAN: 6× Platinum[17]
- FRA: Diamond[18]
- GER: 4× Platinum[19]
- NL: 3× Multi-Platinum[20]
- NZ: 6× Platinum[32]
- SWI: 5× Platinum[22]
- UK: 6× Platinum[12]
So yes he was collecting that kind of check and money.