Thriller' Movie in the Works

The Kenny Ortega-directed film is inspired by, but only loosely based on, Jackson's classic music video

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The Michael Jackson documentary This Is It shattered box-office records for concert films. Now, a movie based on Jackson's "Thriller" video is reportedly being shopped around to Hollywood studios, Deadline reports.

Like the planned film inspired by the music of Beach Boys, which isn"t about the band itself, the Thriller movie will take a meta approach, focusing on "folklore" around "Thriller," looking at Vincent Price, the horror actor who narrated the video, and the town that Price grew up in.

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GK Films, which has other music-related films in the works (Sacha Baron Cohen's Freddie Mercury biopic and the Jersey Boys big screen adaptation), is reportedly to be first in line for the project, which will be helmed by This Is It director and Jackson collaborator Kenny Ortega, based on a script by (uncredited) Hangover writer Jeremy Garelick. "Thriller" songwriter Rod Templeton will also be involved.

The film will have a budget of about $50 million, but that doesn't include what will likely be a hefty price to secure the rights to "Thriller" from the Michael Jackson estate. For Jackson fans hoping for a iopic, there is some good news: Deadline writes that Hollywood vet Ivan Reitman has his eyes on a film based on Jackson's early years.

This week Jackson was named the past year"s top-earning dead celebrity by Forbes magazine.

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