LOS ANGELES, California (X17online) - After the embarrassing admission that Michael Jackson's This Is It was really a re-recording of a song co-written by MJ and Paul Anka in 1983 called I Never Heard, Jackson's estate has agreed to split the profits with Anka.

"They realize it's a mistake, they realize it's my song, they realize it's my production of his vocal in my studio and I am getting 50 percent of the whole project, actually, which is fair," said Anka yesterday.

Considering that sales of Jackson's music soared immediately following his death, we can safely assume that Anka will receive a nice payday from This Is It.

CLICK HERE to see all of X17online's Michael Jackson photo galleries

CLICK HERE to see all of X17's Michael Jackson videos