The Daily Star of Bangladesh carries an item from the Times Online that says the Jackson family, at the time of Michael Jackson's death last week, already had been in talks with CKX Inc., the company that took over Elvis Presley Enterprises in late 2004, about transforming the Neverland Ranch (right) into an attraction along the lines of Graceland:The company's ideas include a traveling exhibition of Jackson memorabilia, the licensing of theme park rides and an updated version of the musical "Thriller Live," first staged in London in 2006.
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Last year, days before debt collectors seeking $24m in overdue mortgage payments were due to auction it off, Jackson signed a rescue deal with Colony, a Los Angeles property developer. Colony hopes to put the restored property on the market for up to $90m by the end of the year, with a share of profits destined for Jackson's children's trusts.
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