When Michael Jackson died in 2009, he left a complicated legacy. But one thing remains true: The King of Pop’s music still generates millions of dollars every year. A Jackson biopic is expected in 2025, and “MJ,” his Broadway show, has brought his music to theaters worldwide.
But despite the ongoing success of Jackson’s music, his estate has stalled in limbo for more than a decade. That’s because of a long-running tax dispute concerning more than US$700 million alleged to be due to the IRS and other legal challenges.
The latest development in the saga came on Aug. 21, 2024, when a California appellate court approved a US$600 million sale of assets proposed by Jackson’s estate.
