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LOS ANGELES — The estate of Michael Jackson has landed the late King of Pop the biggest recording deal in historya $200 million guaranteed contract with Sony Music Entertainment for 10 projects over seven years, according to a person familiar with the deal.
The record-breaking contract could be worth up to $250 million if certain conditions are met. One of the albums will be of never-released Jackson recordings that will come out in November, the source said. The singer died of a drug overdose in June.
An official announcement is expected today. The Associated Press
