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Five Years After His Death, Michael Jackson's Still the King of Pop

Kevin Mazur/WireImageWednesday marks the fifth anniversary of the tragic death of Michael Jackson.  But now, half a decade after the world lost one of the most popular entertainers in history, is it still fair to call Jackson "the King of Pop"?  The answer, unsurprisingly, is a resounding yes.

"We're still hearing music by major artists at the top of the charts that is shaped by their experience, their love, their reverence for Michael Jackson.  So his style and his influence has by no means faded away," Billboard editor Joe Levy tells ABC News Radio.  "Calling Michael the King of Pop is a clear reference to Elvis Presley.   And we could have an argument: Is Elvis Presley still the King [of Rock 'n' Roll]?  Maybe not.  It's been a long time.  But Michael?  Still the King of Pop."

One reason for this?  In the years since his death, and especially since his physician, Dr. Conrad Murray, was convicted and jailed for involuntary manslaughter, the scandals that surrounded Jackson's life have faded somewhat, leaving everyone with memories of what truly matters: the music. 

"The tabloid factor has died down just a little bit and the music has come up," says Levy.  "I think people will continue to play Michael music around the time of his death.  I think they'll continue to play it all year long...Whatever you think of Michael, whatever you think of all that attention around that very circus-like life -- the music is something different."

While musicians who are Jackson's artistic heirs -- like Justin Timberlake and Pharrell Williams -- top the charts, the King of Pop himself continued his hitmaking ways last month.  XSCAPE, the most recent posthumous MJ release, debuted at #2 on the Billboard album chart.  The album's first single "Love Never Felt So Good" helped Michael set a chart record: He's now the only artist ever to score top 10 hits in five different decades.  Meanwhile, we're still waiting to see if the eerily realistic hologram of Jackson that performed at last month's Billboard Music Awards will appear elsewhere at some point in the future.

More posthumous releases are planned, and while some have questioned whether Michael would really want these songs to be released, one music legend who knew the singer says keep it coming.

"I love it...I think if they can put out genuine music that he did back in the day, that he wouldn't be ashamed about being released now, I think it's wonderful," Patti LaBelle tells ABC News Radio.  "Keep him alive.  Elvis was kept alive, and a lot of people see a negative in that, but I don't.  If it's in the can, bring it out.  Let people hear more of Michael."

LaBelle adds, "He meant a lot to the world.  He is so missed and there will never be another one."

Forbes estimates that since Jackson's death, his estate has earned some $700 million.  In fact, Forbes says that when Michael passed away, he was in financial trouble, and it was only after his death in 2009 that he once again started earning nine-figure sums annually.  Among the things that have fattened his bank balance in the past five years: a new $250 million record deal; the documentary This Is It, which grossed more than $260 million; two popular Cirque du Soleil shows based on MJ's music; and the 2010 video game, Michael Jackson: The Experience.

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