FROM MTV.COM: Sony Pictures is finalizing a deal to acquire rehearsal footage from Michael Jackson's This Is It concert run, with hopes of releasing it in theaters just in time for Halloween, according to Variety.
Sony is reportedly paying close to $60 million for the 80 hours of rehearsal footage shot at Staples Center in Los Angeles. The footage is currently owned by AEG Entertainment, who were promoting Jackson's run of 50 shows at London's O2 Arena.
"High School Musical" director Kenny Ortega, who shot the rehearsal footage, will reportedly also sort through it to assemble the film, which Sony plans on having in theaters on October 30. Variety claims the film will feature "at least three" videos, including an alternative version of "Thriller," which was intended to be an interstitial video during Jackson's O2 shows.
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