Sony is in final negotiations to acquire the rehearsal footage for Michael Jackson’s “This Is It” concert tour, which will be made into a feature film. Sony and AEG Live have set the release date for the film for October 30th.

According to Hollywood Reporter, the price negotiated is $60 million, out of which 90% will go into the Michael Jackson estate and 10% to AEG. The estate includes Michael Jackson’s children and his mother, plus a charity that will be formed under Michael Jackson’s name.

This will be an opportunity for fans to see what Michael Jackson had planned for his comeback concert tour as well as his final days before his sudden death.