March 16, 2010 11:09

Michael Jackson's estate agrees 'biggest record deal in history'

Deal with Sony Music reportedly covers 10 album releases

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Michael Jackson's estate has reportedly agreed the biggest record deal in history with the Sony BMG label to release further music by the late singer.

The $200million (£133million) deal reportedly covers the release of 10 further Jackson albums over the next seven years.

One of the 10 will comprise previously-unreleased music, reports BBC News. A new Michael Jackson song, 'This Is It' was released last year.

Reports of unreleased Jackson collaborations, with artists including Lenny Kravitz, have also surfaced since his death in June last year.

The value of the contract could reportedly rise by another $50million (£33million) if certain conditions are met.

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