Billboard estimates the revenue going to the Houston estate from recording, publishing and radio airplay to be $3.8 million. Houston's death drove last year's Grammys to the second-highest-rated telecast ever, and prompted an outpouring of public grief.
Aside from a November CBS TV special, "We Will Always Love You: A Grammy Salute to Whitney Houston," that featured performances from Celine Dion and Jennifer Hudson, the estate chose to take its time with her properties.
Houston estate attorney Kenny Meiselas of Grubman Indursky Shire & Meiselas says the intention wasn't to make a quick buck through renewed interest in the star.
"The focus, especially during the difficult and emotional first year for the family, was to make sure anything done was to be consistent with the Whitney Houston legacy," says Meiselas, who also advises Usher and Nicki Minaj.