Sony Corp.’s movie division has bid $50 million to for the worldwide distribution rights to a film based on rehearsal footage for Michael Jackson’s “This Is It” comeback concert.
Paramount, Universal and 20th Century Fox, were shown footage starting early last week and the studio with the highest bid would produce the film with , AEG Live, and his estate.
This would be a great deal for Sony Pictures because Sony Music distributes Jackson’s music and has 50-50 partnership with his estate in Sony/ATV Music Publishing.





