Michael Jackson’s estate received over $300,000 in royalties and residuals in 2021, including income for his 1978 classic The Wiz, Us Weekly can exclusively report.
The two men in charge of Michael’s estate, coexecutors John Branca and John McClain, filed an accounting report in court on September 16. The report revealed the estate pulled in over $46 million in income during the 12-month period, with the royalties and residuals only being a small portion.
The filing listed a total of $308,673 in royalties and revenue the estate received during the period. The estate was paid $50 on August 24, 2021, by NBC for The Wiz.
Michael starred in the Sidney Lumet-directed musical The Wiz, based on The Wonderful Wizard of Oz. The film costarred Diana Ross, Lena Horne and Richard Pryor.
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