(CBS) When Michael Jackson died this past summer, he had nearly a half a billion dollars in debts. Since then, it’s been a great year for his career: lawyers for his estate say they have lined up merchandising deals worth $100 million, and surging record sales and other income will produce another $100 million.
And this is not unusual. Decades after their demise, some departed stars continue to work on new projects and draw more income than they ever made while drawing breath. And there is a growing legion of agents and managers willing to represent them.
Dead celebrities can be just as lucrative as many live ones, and in some cases, a lot less trouble.
