Michael Jackson Works on New Album

Michael Jackson plans to revive his pop singing career after his acquittal on sex-abuse charges.

Michael Jackson plans to revive his pop singing career after his acquittal on sex-abuse charges.

The 1980s pop sensation has teamed up with a label in Bahrain to record a new album set for release next year, ABC News reported.

Two Seas Records said British music industry executive Guy Holmes had been named CEO of a newly formed joint venture between Michael Jackson and Bahrain royal family member Abdulla Hamad Al-Khalifa. Two Seas had previously been chosen by the star to release his Hurricane Katrina charity single.

This would be Michael Jackson's first studio album since "Invincible" in 2001.

"I am incredibly excited about my new venture, and I am enjoying being back in the studio making music," Michael Jackson, 47, said in the statement.

Michael Jackson now lives in the Gulf state of Bahrain with his children.

Michael Jackson, music industry mogul for decades and known to be one of the most successful artists in history, almost went bankrupt planning to sell his ill-famous Neverland ranch in California.

Michael Jackson’s bottom line includes 50% ownership in The Beatles Catalogue, a stake in the Elvis Presley and Bob Dylan Catalogues estimated to be worth ½ a billion dollars.