It is being reported that a new seven-year deal has been reached between administrators of the Jackson estate and his label Sony Music Entertainment.
The deal is said to be one of the richest in history, and could net up to 250 million dollars when all is said and done.
According to a report in the Los Angeles Times, there could be up to 10 new Jackson projects in the works, including unreleased tracks, video games and DVDs.
Michael died back on June 25, and his personal doctor is facing charges relating to his death.
It is estimated that he died with more than 100 unreleased recordings to his name.
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