JACKSON’S MOONWALK MEMOIR SET FOR RE-RELEASE
The executors of MICHAEL JACKSON’s estate have won permission from a Los Angeles judge to begin negotiating with book publishers for the re-release of the King of Pop’s autobiography, MOONWALK.
Financial adviser John Branca and music executive John McClain were handed control of Jackson’s estate following his untimely death last month (Jun09), as per the terms of his 2002 will.
The co-executors filed a motion earlier this month (Jul09) requesting court approval to enter talks for various business proposals in order to maximise interest in the late pop icon.
The legal papers state: "The Special Administrators believe that it is in the best interest of the Estate for all book publishing agreements to be entered as soon as possible, as sales of the book and profits for the estate will be maximised the sooner the book is released due to the notoriety surrounding Michael Jackson’s unexpected death and the resulting heightened demand for such products." TMZ.com claims the judge overseeing Jackson’s probate case authorised the move on Thursday (23Jul09).
Branca and McClain are now set to strike deals for the reprinted 1988 memoir to be distributed worldwide.
According to the website, Shaye Arehart books are expected to land the North American rights and Heinemann will sign for distribution in the U.K. Other deals for publishing the tome in France and Germany are also said to be in place.
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