Judge Approves Michael Jackson Memorabilia Deal

By LINDA DEUTSCH, AP Special Correspondent Linda Deutsch, Ap Special Correspondent – 31 mins ago

LOS ANGELES – A judge has approved a deal between Michael Jackson's estate and concert promoter AEG Live to exhibit the King of Pop's memorabilia, over the objections of the singer's mother.

Los Angeles Superior Court Judge Mitchell Beckloff approved the deal after an evidentiary hearing Friday.

The three-city exhibit is expected to earn Jackson's estate up to $6 million. Promoters plan to open it around the Oct. 28 release of a film using footage of the singer's final rehearsals for his comeback concerts.

Attorneys for Katherine Jackson had tried to block the deal, arguing it should have been competitively bid. They've also said the estate should have a larger cut of the proceeds than the 50-50 split negotiated with AEG.

Yahoo / Thanks Sheril Snider!