Sony Corp., owner of rights to Michael Jackson's music, may boost revenue via a rebound in sales of the late pop icon's CDs and DVDs, analysts said.
Jackson, 50, died Thursday in Los Angeles. An autopsy is slated Friday, the Los Angeles County coroner's office said. Tokyo-based Sony had planned before his death to start selling five of the star's CD packages, including "Thriller" and "Bad," from July 8 in Japan.
Sony owns the rights for Jackson's "Off the Wall," "Thriller," "Bad," "Dangerous" and "HIStory" albums, the company said. The singer sold an estimated 750 million records worldwide and was recognized by Guinness World Records as the Most Successful Entertainer of All Time, Sony said.
"There will likely be a positive impact for Sony in selling products such as memorial editions," said Kazumasa Kubota, a Tokyo-based analyst at Okasan Securities.
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