Jackson Book Deal -- Seizing the Moment

7/23/2009 3:19 PM PDT

Jackson Book Deal -- Seizing the Moment

The court in the Michael Jackson probate case just authorized the special administrators to enter into proposed book publishing agreements.

The deal on the table involves a reprint of Jackson's autobiography, "Moonwalk," with Shaye Arehart Books for U.S. and Canadian publishing rights, Michel Lafon for publishing rights in France, Heyne for publishing rights in Germany, and Heinemann for publishing rights in the United Kingdom.

How's this for brutal honesty? The documents state, "The Special Administrators believe that it is in the best interest of the Estate for all book publishing agreements to be entered as soon as possible, as sales of the book and profits for the estate will be maximized the sooner the book is released due to the notoriety surrounding Michael Jackson's unexpected death and the resulting heightened demand for such products."

Story developing...