Michael Jackson‘s This Is It comeback concert rehearsal footage could be the basis of a film released by Christmas, after a deal has been struck between the tour’s promoters AEG Live and Columbia Pictures.
Columbia Pictures are reported to have paid £35 million for rights to the rehearsal footage in court documents filed in Los Angeles. A judgement on whether the deal will go ahead depends on a court ruling on August 10.
The filed papers also suggest that Jackson’s estate will get 90% of the profits with the final 10% going to AEG Live.
The Michael Jackson film is contracted in this deal to be not more than 150 minutes and a PG-rating and ‘footage that paints Jackson in a bad light will not be permitted.’
The contract also states that the film must be screened to representatives for Jackson’s Estate by October 2, suggesting a Christmas release.