Michael Jackson movie on Halloween?Published by Clay Cane on Wednesday, July 22, 2009 at 1:31 am.
According to Variety.com, MJ might have a movie released this Halloween.
Sony Pictures, which is finalizing a deal to acquire concert rehearsal footage from the singer’s “This Is It” tour from AEG Entertainment, is eyeing an Oct. 30 release date for the film.
The opening bid for the performance footage started at $50 million, and Sony is said to be ponying up close to $60 million for the 80 hours filmed.
Fox, Universal, Paramount and Relativity were also interested in putting in bids.
Sony made more sense, however, considering Sony Music Entertainment owns music publishing rights to Jackson’s songs.
Terms of the deal are still being worked out, but the Jackson family estate is expected to collect 90% of what’s left after AEG recoups its production costs for the tour.
Halloween is right on time to celebrate Thriller, which is always a staple on the radio during that day. However, as of now Sony has not commented on the deal.
Would you go see the footage of MJ “This Is It” tour in theaters?