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Entries in Album Sales (1)

Tuesday
Feb142012

Whitney Houston's Estate Expected to Get Boost after Death

Jason Merritt/Getty Images(NEW YORK) -- Whitney Houston had her fair share of chart-toppers, even posthumously on iTunes and Amazon. Though the superstar's finances took a hit during her personal struggles, the sales of her music after death are expected to improve the condition of her estate.

Michael Jackson sold over eight million albums in the U.S. alone in the six months after his death, and close to 30 million worldwide.

Although details of her estate and will have not been made public, it is believed that her only child, daughter Bobbi Kristina Brown, 18, will be the main beneficiary.

Zach Greenburg, a writer for Forbes, said Houston will not match Jackson's postmortem earnings, but if her music sells even half as well as Jackson's did, her artist royalties alone could bring the estate more than $10 million in the coming year.

Houston made millions for her roles in The Bodyguard in 1992 and The Preacher's Wife in 1996, the latter for which she reportedly earned $10 million.  And in 2001, Houston renewed her contact with Arista Records, signing a $100 million deal, one of the biggest recording deals in the history of the music business, Variety reported at the time.  The deal called for at least six albums and two greatest-hits compilations.  Her comeback album, I Look to You, was released in 2009.

Houston is the 20th top-selling artist in the U.S. of all time, selling 55 million records, according to the Recording Industry Association of America.  The single, "I Will Always Love You," from The Bodyguard soundtrack is the longest running number one single from a soundtrack album.

Keith Caulfield, Billboard's associate director of charts, said while Houston's sales will not come close to the financial success of Jackson, who had publishing, songwriting and recording royalties, her greatest hits album will re-enter Billboard's Top 10 chart possibly this week.  Already, 50,000 were sold in the first day or two after her death.

However, Caulfield said it is difficult to estimate how much Houston will receive because her contract structure remains unknown.

Copyright 2012 ABC News Radio







ABC News Radio