Hollywood studios bid for Michael Jackson’s rehearsal footage

Published: 20/07/2009 05:00

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Major Hollywood movie studios found themselves in a frenzied bidding war over the weekend to acquire film rights to late pop

TIME Magazine’s special commemorative issue on pop star Michael Jackson is shown here, released to Reuters on June 27, 2009. The June 29 special edition, featuring a photo of Michael Jackson by Herb Ritts.(Xinhua/Reuters Photo)

Sony, Fox, Paramount and Universal submitted bids, but Sony’s aggressive 50-million-dollar offer, coupled with the fact that its music division controls distribution of Jackson’s output as an adult solo performer and retains the right to block a competing studio from using his songs, put the studio in the strongest position.

Sony also controls “sync” rights to most of Jackson’s songs. Such rights are involved whenever recorded music is used in combination with visual images in a production, an important component in the property’s future DVD release.

Meanwhile, AEG were also selling the broadcast rights for a prime-time TV special using staging and choreography Jackson created for the “This Is It” concerts, prompting fevered competition among networks over the weekend.

The TV special, which features a superstar ensemble that might include Janet Jackson and Justin Timberlake, would be broadcast in September, according to the report.

VietNamNet/Xinhuanet

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