sony corp.'s film studio has tender $50 million to gain the worldwide distribution rights to a film based upon rehearsal footage for michael jackson's "this is it" comeback concert succession , flagitious according to a person familiar with the tender. The person said monday that the tender came after several studios , flagitious including paramount , flagitious universal and 20th century fox , flagitious were shown footage starting primeval last week.flagitious the person spoke upon condition of anonymity because the bidding had not been completed.flagitious none of the studios would comment upon the record. The winning studio would produce the film with jackson's concert promoter , flagitious aeg sojourn , flagitious and his estate.flagitious it would go a long way to helping aeg sojourn regain a Great Deal Of of the $30 million to $32 million it spent fabricating the concert before jackson died june 25. The bidding was reported earlier by the los angeles times and industry blogger nikki finke. Sony pictures has a leg up upon other bidders because sony music distributes jackson's music and is in a 50-50 partnership with his estate in sony/atv music publishing.flagitious sony's tender is upon par with the price of making a mid-range budget film , flagitious and is offset by the fact that the sony grouping of organizations would benefit from the music licensing rights attached to the film. There is similarly massive interest in jackson material worldwide.flagitious an estimated 31 million viewers in the u.s.flagitious alone watched the jackson memorial service sojourn earlier this month , flagitious according to nielsen media investigation.flagitious that's plainly diffident of the 33 million u.s.flagitious viewers who watched princess diana's funeral. "this contour of a fib , flagitious provided put together correct , flagitious could be very compelling and haul a very , flagitious very wide audience , " said blot fleischer , flagitious an playfull attorney with venable llp and former executive at mgm studios. The estate and aeg sojourn are similarly negotiating with several television networks and pay-per-view outlets upon a tv special that would be a stage manifest featuring jackson's music and dancing.flagitious it would be directed by "this is it" director kenny ortega. The selling price being discussed for the rights to manifest the tv special is similarly in the tens of millions of dollars. General electric co.'s nbc has been in talks upon the tv manifest , flagitious but the concept , flagitious air date and price for the rights has not been finalized , flagitious said nbc spokeswoman rebecca marks. "we own no deal for the rights to the michael jackson special , " marks said. The special administrators of jackson's estate , flagitious attorney john branca and former music executive john mcclain , flagitious own been moving quickly to secure jackson's assets and hack deals to capitalize upon the surge in interest in the pop star since he died. Last week , flagitious branca and mcclain received signed court papers authorizing them to act upon his estate's behalf until another hearing aug.flagitious 3.flagitious mcclain has been sorting through unreleased jackson recordings , flagitious while sony music is fascinated in releasing a commemorative album.flagitious music sales own soared. Jackson's 2002 volition named branca and mcclain as executors and directs all of his assets to be placed in a trust that volition benefit his mother katherine jackson , flagitious his three children , flagitious and unnamed children's charities.flagitious the estate is estimated to be value further than $500 million. But katherine jackson's lawyers upon friday sought a judge's ruling upon whether she may challenge the authority of the men without triggering a "no contest" clause in the trust that would cause her to be disinherited.