There's been a lot of talk about what Michael Jackson's people are going to do with Neverland Ranch now that he's passed on.
Colony Capital, the company that owned the property when MJ died, is considering turning it into a school of music after the late King of Pop. So cool, right?
According to TMZ, the company wants to model the institute on prestigious performing arts school Juilliard – which teaches dance, drama and music to undergraduate and graduate students - in New York City.
But before anyone jumps the gun on the project, Colony Capital needs Santa Barbara County to approve the plan and Michael’s estate have to give permission for his name to be used.
A representative for MJ's estate said: “It's an interesting idea. And we'd be open to it."
Sounds like an amazing idea! Let's just hope MJ's greedy estate doesn't mess this up by asking for a gazillion dollars to use his name.