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Judge OKs Jackson Merchandising Deal
(AP)
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A judge has approved a deal that will bring more Michael Jackson merchandise to store shelves. The judge heard from attorneys for Jackson's mother, Katherine, the current administrators of Jackson's estate and a newly appointed attorney for the singer's three young children. The merchandise agreement allows for items such as trading cards, clothing and digital goodies to be sold.
The judge had delayed approval of the agreements after Katherine Jackson had raised objections to the contracts with concert promoter AEG Live and merchandiser Bravado. Those objections were withdrawn, but the lawyers raised new objections to AEG's involvement in a proposed memorabilia tour, which is still awaiting approval. The deal is expected to generate about $7 million for the estate, one attorney said.
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