LOS ANGELES - The money is rolling in. The bills are being paid. And all those people who said Michael Jackson might earn more in death than in life are being proved right.
Like the estates of Elvis Presley and Yves Saint Laurent, Jackson's has grown immensely since he died on June 25, 2009.
Without Jackson's lavish spending sprees, and with the help of new revenue pouring in from nostalgia over the reign of the King of Pop, estate co-executors John Branca and John McClain have dramatically turned around Jackson's finances.
A kingdom that was on the verge of collapse from more than $500 million in debt now looks to be able to support his three children and his mother and donate healthily to children's charities.
The estate has earned more than $250 million in the year since he died. Executors used some of that to pay off $70 million in debt, including the $5 million mortgage on the Jackson family compound in Encino, part of Los Angeles. The interest payments on the remaining debt are now covered by a steady cash flow.
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A rundown of deals suggests that Jackson's fortune will be even bigger than could have been realized by a planned series of comeback concerts:
• A posthumous deal to sell unreleased Jackson recordings with Sony Music guaranteed $200 million over seven years. It has already brought $125 million to the estate.
• The film "This Is It," based on his final concert rehearsal footage, grossed $252 million worldwide.
• Licensing deals on merchandise sold by Universal Music Group's Bravado unit and a new dance game by Ubisoft Entertainment brought in $26 million in advances.
• The Mijac Music catalog of copyrights, on songs that Jackson wrote, generated $25 million in the past year, thanks to heavy airplay on radio stations and song and album sales.
• Music publisher Sony/ATV, the copyright holder of the Beatles' and other artists' songs, posted double-digit percentage revenue gains in the year through March. That netted Jackson's estate, which owns a 50 percent stake, $11 million.
• Other income, including from a rerelease of Jackson's autobiography, "Moon Walk," and sales of commemorative tickets to his canceled concerts, brought in another $25 million.
