Sony Pictures Gets MJ Concert Footage For $60M
July 22, 2009 at 4:56 AM (PT)
"SONY PICTURES has paid $60 million for the rights to release a movie of footage shot during MICHAEL JACKSON's rehearsals for his 'This Is It' concert tour, according to THE HOLLYWOOD REPORTER. ENTERTAINMENT WEEKLY writes "the film will hit theaters OCTOBER 30th.
"According to other reports, AEG LIVE, which is said to have 80 hours of rehearsal footage at its disposal, and JACKSON's family will split SONY's money, with JACKSON's family receiving 90% of the fee and establishing a charity in the late singer's name.