Michael Jackson Film

Sony Corp.'s movie studio has bid $50 million to acquire the worldwide distribution rights to a film based on rehearsal footage for Michael Jackson's "This Is It" comeback concert series.
That's according to a person familiar with the bid.
The person says the bid came after several studios, including Paramount, Universal, 20th Century Fox and Warner Bros., were shown footage starting early last week. The person spoke on condition of anonymity because the bidding had not been completed.
The winning studio would produce the film with Jackson's concert promoter, AEG Live, and his estate.
Sony's music arm also distributes Jackson's music and is in a 50-50 partnership in Sony/ATV Music Publishing with his estate.
The bidding was reported earlier by the Los Angeles Times and industry blogger Nikki Finke.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by JB Location: Jackson on Jul 20, 2009 at 08:11 PM
    Sony is out to milk the public for whatever it can get, like everyone is made of money to help supply them with all that they want. Sony sees this as another way to screw the public out of more money that is how they got where they are now.
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