According to Access Hollywood, Sony has reportedly paid AEG Entertainment about $50 million dollars for the rights to the exclusive last Michael Jackson rehearsal footage.
Sony is planning to make a feature film from the “This Is It” tour rehearsal videos. Sony reportedly won the footage in a bidding war,and it consists of about 80 hours of footage.
They say the footage was originally meant to be played between songs during the concerts that were planned for Michael. They include multiple videos that were meant to play in 3-D,and one of them is an alternate version of “Thriller.”
“High School Musical” director Kenny Ortega is reported to be directing the Jackson film. He was also directing Michael Jackson’s tour. They say he’s already begun work on the film,and Sony is hoping to release it before the end of the year.
Also AEG is in the midst of closing a deal for the TV and video rights to Michael’s tribute concert on what would be his 51st birthday in London. Popstar Justin Timberlake is reported to be taking part in the show. He’s supposed to perform the same set list that Michael planned for his London shows. The tribute concert is scheduled for August 29,2009.
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