Sony To Pay $60 Million For Jackson Rehearsal Footage
Posted on Tue Jul 21st, 2009 1:55pm PDT By X17 Staff
Sony Pictures is reportedly this close to buying the film being put together from footage of the rehearsals for Michael Jackson's planned London concert series.The studio is reportedly spending $60 Million on the film, according to The Hollywood Reporter.
Jackson's estate will get 90% of the money, with AEG getting the remaining 10%.
Sony and AEG Live have set the release date for Halloween week - Friday, October 30.
