Posts Tagged ‘Movie’

The King of Pop is about to become a movie star….again

The judge hearing the execution of Michael Jackson’s estate got the chance to play studio exec today, effectively greenlighting “This Is It” by signing off on a deal allowing Columbia Pictures to turn AEG’s footage of the singer’s rehearsals (and, as it happens, final days) into a feature-length film.

The film, for which Columbia wasted no time setting the Thrillerific release date of Oct. 30, was approved after “very aggressive” negotiations.

Katherine Jackson and the attorneys for the estate, John McClain and John Branca, agreed to the deal on Friday. Per the terms, Columbia will pony up $60 million for rights to the footage of his London prep work.

To sweeten the pot, AEG promised that 90 percent of the film profits would be funneled back into the estate.