LINDA WERTHEIMER, host: NPR's business news starts with one of the biggest recording deals in history.</s>LINDA WERTHEIMER, host: Michael Jackson's estate has signed a landmark deal with Sony Music. The agreement is good for seven years, and it involves 10 of the late pop singer's albums. It covers licensing Jackson's music for films, theater, television, possibly even computer games. The Jackson estate is guaranteed at least $200 million. That will go much of the way towards paying off the debt that Jackson accumulated before his death last June.
Michael Jackson is still breaking records. The deal involving the estate of the King of Pop is said to be the biggest recording deal in history. A person familiar with the project says the $200 million guaranteed contract with Sony Music Entertainment calls for 10 projects over seven years.