Michael Jackson's estate negotiates 'last days' documentary deal


Michael Jackson was buried less than two weeks ago and already, The Wall Street Journalreports, "AEG Live and the estate of Michael Jackson are negotiating with several Hollywood studios, seeking at least $50 million in exchange for the theatrical-and-DVD distribution rights to a documentary about the final days of the late pop singer, according to people familiar with the matter."

AEG, the promoter behind the Michael Jackson comeback tour, is looking to recoup the $30 million it had already spent putting the concerts together. Still, the Jackson estate owns the rights to the film footage and would likely take the majority of the proceeds if a deal is reached. Sony Pictures Entertainment, Twentieth Century Fox, Paramount, and Universal Pictures are all set to be in the running for the documentary deal.