Report: MJ Estate Settles With AEG

Michael Jackson’s estate has reached a settlement with AEG, the concert promoter that was preparing to put on the King of Pop’s 50 comeback shows in London when he died.

Terms were not disclosed. Attorney John Branca, a co-administrator of Jackson’s estate, said during a break at a Monday court hearing in Los Angeles that the settlement governed merchandise and rehearsal footage.

The contracts and settlement agreement will be filed under seal, and a judge has five days to review and approve it. A hearing on the matter was scheduled for next Monday.