Tuesday, March 16, 2010

Sony (Japan) Loves Jacko

Sony (SNE) loves Jacko. Japan has long loved Michael Jackson. So when Sony makes a deal with the estate it makes strategic sense for the Japanese consumer. In fact you may even conclude that the estate has been ripped off. Sony has been able to keep away from the unseemly side and exploit the creative. $250 million sounds like a lot of money but it really isn't.

Is Sony exposed to lawsuits? Depends on what jurisdiction signed the agreements. Sony Japan or Sony US.