Michael Jackson
Los Angeles County Superior Court Judge Mitchell Beckloff delayed for a week his decision on whether to approve several contracts for the estate to give the children's new lawyer -- whom he will appoint -- time to weigh in on the deals.
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Lawyers for the estate and the companies involved warned the judge delaying the deals could cost the estate millions of dollars.
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The delayed contracts would provide for Jackson tribute concerts in London, England, starting next July, and an exhibition of Jackson memorabilia that would travel to at least three cities, according to Kathy Jorrie, a lawyer for concert promoter AEG Live.
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The longer we wait, the more time passes, frankly, the less interest there will be on the part of the public to come see it,
Michael Jackson
The judge has already approved a contract to allow Columbia Pictures to use video AEG Live shot of Jackson's last rehearsals for a documentary due out this fall. Columbia is a division of Sony.
Sony Pictures issued a news release Monday announcing it would deliver the movie -- "This Is It" -- to theaters starting October 30 "with the full support of The Estate of Michael Jackson.
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