For those who may not know, Phil Spector was a renowned and iconic music producer who developed the Wall of Sounds. He has produced pop, rock and rhythm and blues songs for numerous artists, particularly John Lennon from The Beatles, The Plastic Ono Band and The Teddy Bears Sing. Nevertheless, his fame negatively altered when he was accused of performing second-degree murder on actress Lana Clarkson at his mansion at Alhambra, California on February 3, 2003. Because of that, Spector was sentenced to 19 years to life in prison on May 29, 2009. Those who know of this tragic case are now curious as to when he will be let out of prison and how much money he is making currently.