Sony Pictures is in final negotiations to acquire the film that will be made out of Michael Jackson’s rehearsals for his “This Is It” concert tour. The price: $60 million, above initial projections reported elsewhere.
Sony and AEG Live have set the release date for Halloween week: Friday, Oct. 30.
And to give credit where it’s due, my friends at Hitsdailydouble.com are correct in saying that the split on the money is 90% to the Jackson estate and 10% to AEG Live. The Jackson estate means Michael’s kids and his mother and the eventual charity that will be formed in Michael’s name.
I am told, as I reported earlier, that the hoped for Aug. 29 show in London seems to be dead. NBC wasn’t the only network not interested. And the reason? Joseph Jackson shopped his own special to the networks, which confused everything, sources say. “He didn’t even tell Janet that she was supposed to be part of it.”
And the beat goes on …
July 21st, 2009 at 6:10 pm
[...] Pictures is prepared to pay AEG Live a whopping $60million dollars for rights to the footage, which is projected to hit [...]
July 21st, 2009 at 6:20 pm
[...] Pictures is prepared to pay AEG Live a whopping $60million dollars for rights to the footage, which is projected to hit [...]
July 21st, 2009 at 6:29 pm
[...] Pictures is prepared to pay AEG Live a whopping $60million dollars for rights to the footage, which is projected to hit [...]
July 21st, 2009 at 6:49 pm
[...] to footage shot during the late King of Pop’s rehearsals for the This Is It Concert Series, The Hollywood Reporter’s Showbiz 411 Column learned late [...]
July 21st, 2009 at 6:58 pm
[...] to footage shot during the late King of Pop’s rehearsals for the This Is It Concert Series, The Hollywood Reporter’s Showbiz 411 Column learned late [...]
July 21st, 2009 at 7:20 pm
[...] Pictures is prepared to pay AEG Live a whopping $60million dollars for rights to the footage, which is projected to hit [...]
July 22nd, 2009 at 1:20 am
[...] didn
July 22nd, 2009 at 10:08 am
[...] a Comment // Yep, we all saw it coming…a film about Michael Jackson. According to Showbiz411, SONY is in final negotiations to acquire the rights to a film which will highlight Jackson’s [...]
July 24th, 2009 at 4:44 pm
[...] it was $60 million. But since the Jackson estate has backed off the idea of a televised memorial from London on August [...]
August 11th, 2009 at 9:08 am
[...] I told you first, on July 21st. that Sony would release its Michael Jackson movie on October 30th. [...]