The sad news of Michael Jackson’s death has lit up the social streams as the news is radiated around the world, coupled with commentary, reaction and the occasional bad joke. His plans for an unparalleled set of concerts were set to restore his financial status and professional credibility. But with his early passing, the opportunity for such revenue generation has passed.
No doubt the record label(s) will be looking to reissue, repackage, re-evaluate the songs (double pack with a photograph, extra track and a tacky badge) which will help recoup some income for his surviving family.
But with the advent of new music channels, from Blip Fm to Spotify and Pandora, the ability to play the music instantly and share globally must start to impact on the revenue opportunity for back catalogue sales.
Is death no longer a career move?