The report said that the script, written by Hangover screenwriter Jeremy Garelick, has been shown to several major studios in recent weeks. High School Musical director Kenny Ortega, who also helmed the Jackson documentary This Is It, will direct the film with a reported budget of 50 million dollars.
Thriller was an epic, 14-minute music video made in 1983 by director John Landis, and is widely regarded as the most influential pop music video of all time. According to Deadline, Thriller songwriter Rod Temperton will also be involved in the movie.
News of the Thriller movie came just days after Jackson was named the world’s top-earning dead celebrity.
According to Deadline, Cirque du Soleil is negotiating with the Jackson estate to produce two shows based on the former King of Pop’s music.
Movie should be in theatre’s by Fall 2012.