If MJ The Musical becomes a box office sensation, Paris Jackson, Bigi Jackson, Prince Jackson and the executors of their father’s estate stand to enjoy a bonanza.
Typically, half of a Broadway show’s adjusted net profit is shared among the lead producers. The other half goes to investors, who also qualify for some lead producer profits by raising or investing large sums. On MJ, however, “the entire 50% share of Adjusted Net Profits [due the lead producers] will be paid to the Estate,” according to an investor operating agreement obtained by Broadway Journal.Continue Reading