Lawyer: Jackson 'Worth More Dead Than Alive'

Michael Jackson spent the last years of his life buried in debt, but the lawyer for the studio where "Thriller" was produced suggests that could change in a hurry.

By: ASSOCIATED PRESS | WSAV-TV
Published: June 27, 2009

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LOS ANGELES (AP) - Michael Jackson spent the last years of his life buried in debt, but the lawyer for the studio where "Thriller" was produced suggests that could change in a hurry.
Jerry Reisman, general counsel for the Hit Factory says of Jackson, "Quite frankly, he may be worth more dead than alive."
Fans are likely to snap up his music and memorabilia and perhaps one day get the chance to tour his Neverland home.
Jackson's heirs, music labels and opportunists will probably be mining his legacy for decades to come.
There are similarities to Elvis Presley, who died in 1977 at age 42.
Presley's estate was valued at just $4.9 million at the time of his death. In 2005, a company run by media entrepreneur Robert F.X. Sillerman paid $100 million for 85 percent of the estate and a 90-year lease on his Memphis mansion, Graceland.