InfoAnda - Mixed signals for Michael Jackson album sales

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My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Entertainment > Article Home Business & Finance News U.S. Politics International Technology Entertainment Film Music People Television Arts Industry Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Mixed signals for Michael Jackson album sales Mon Oct 26, 2009 8:24am EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Mike Collett-White LONDON (Reuters) - The new Michael Jackson record "This Is It" hits stores around the world on Monday, kicking off a week of money-spinning events dedicated to the "king of pop," but the outlook for the two-disc album is decidedly mixed. Experts predict that it will top charts in several key countries, most notably the biggest U.S. market, but with album sales in seemingly terminal decline, even relatively modest returns can secure the coveted number one slot. The fact that fans have bought nearly six million Jackson albums in that country alone since the singer died suddenly in June of a prescription drug overdose is likely to temper demand for what is essentially another greatest hits collection. Much depends on whether millions of people expected to flock to the accompanying "This Is It" movie, which hits theatres on Wednesday, feel moved to buy the record too, experts said. "It's very hard to pinpoint what it will do, particularly due to the fact that a lot of these songs have already sold well this year," said Silvio Pietroluongo, director of charts at Billboard magazine which compiles the weekly rankings. "Talking to the labels and industry insiders there is a huge sweep of opinion of anywhere between 200-300,000 and 500,000 albums sold in the first week," he told Reuters. Pietroluongo predicted that should be enough to guarantee Jackson another Billboard number one in the United States. FILM GENERATES MORE HYPE This Is It goes on sale in most of the world on Monday and in North America from Tuesday, the eve of the eagerly anticipated movie of the same name. The film features footage of Jackson rehearsing for his planned residency at London's O2 Arena, which was to have been his farewell to live performance after years of living as a virtual recluse. The film, released by Sony's Columbia Pictures, could make more than $600 million in its limited two-week run, industry executives have predicted. The album, however, is unlikely to create the same buzz. Its cause was not helped by a PR fiasco earlier this month when the pop star's first posthumous single "This Is It," which appears on the album, turned out to be an old song recorded 18 years ago by an obscure Puerto Rican singer. The co-author of that tune threatened to sue Jackson's estate and he was quickly granted 50 percent of the copyright. There have also been negative early reviews, with Britain's Independent newspaper giving the record one star out of five and calling it "a shoddy apology for an album." In Britain, retailers said This Is It looked destined to become one of the big albums of the key Christmas period, but there were factors that could dampen demand. Continued... View article on single page Share: Del.icio.us Digg Mixx Yahoo! Facebook LinkedIn Next Article: Madonna launches Malawi school construction Also On Reuters Analysis: How much power does Hillary Clinton have? 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