In the spring of 2006, there was an announcement that Jackson had signed a contract with a Bahrain-based startup called Two Seas Records. However, nothing ever came of that deal, and the CEO of Two Seas, Guy Holmes, later stated that the deal had never been finalized. Throughout 2006, Sony repackaged 20 singles from the 1980s and 1990s as the Michael Jackson: Visionary series, which subsequently became a boxed set. Most of those singles returned to the charts as a result. In September 2006, Jackson and his ex-wife Debbie Rowe confirmed reports that they had settled their long-running child custody suit. The terms were never made public. Jackson continued to be the custodial parent of the couple's two children. In October 2006, Fox News entertainment reporter Roger Friedman said that Jackson had been recording at a studio in rural Westmeath, Ireland. It was not known at the time what Jackson might be working on, or who might be paying for the sessions, since his publicist had recently issued a statement claiming that he had left Two Seas.
In November 2006, Jackson invited an Access Hollywood camera crew into the studio in Westmeath, and MSNBC broke the story that he was working on a new album, produced by will.i.am of The Black Eyed Peas. Jackson performed at the World Music Awards, in London on November 15, 2006, and accepted a Diamond Award for selling over 100 million records. Jackson returned to the United States after Christmas 2006 to attend James Brown's funeral in Augusta, Georgia. He gave one of the eulogies, saying that "James Brown is my greatest inspiration." In the spring of 2007, Jackson and Sony teamed up to buy yet another music publishing company: Famous Music LLC, formerly owned by Viacom. This deal gave him the rights to songs by Eminem, Shakira and Beck, among others. Jackson recorded extensively during this period in New York with songwriter and producer will.i.am and also in Las Vegas with producers Akon and RedOne. In March 2007, Jackson gave a brief interview to the Associated Press in Tokyo, where he said, "I've been in the entertainment industry since I was 6 years old, and as Charles Dickens would say, 'It's been the best of times, the worst of times.' But I would not change my career ... While some have made deliberate attempts to hurt me, I take it in stride because I have a loving family, a strong faith and wonderful friends and fans who have, and continue, to support me."
In September 2007 Jackson was reportedly still working with will.i.am, but the album was apparently never completed.However, in 2008, Jackson and Sony released Thriller 25 to mark the 25th anniversary of the original Thriller. This album featured the previously unreleased song "For All Time" (an outtake from the original sessions) as well as remixes, where Jackson collaborated with younger artists who had been inspired by his work. Two of the remixes were released as singles with only modest success: "The Girl Is Mine 2008" (with will.i.am) and "Wanna Be Startin' Somethin' 2008" (with Akon). The first single was based on an early demo version, without Paul McCartney. The album itself was a hit, however. In anticipation of Jackson's 50th birthday, Sony BMG released a series of greatest-hits albums called King of Pop. Slightly different versions were released in various countries, based on polls of local fans. King of Pop reached the top 10 in most countries where it was issued, and also sold well as an import in other countries (such as the United States.)
In the fall of 2008, Fortress Investments threatened to foreclose on Neverland Ranch, which Jackson used as collateral for loans running into many tens of millions of dollars. However, Fortress opted to sell Jackson's debts to Colony Capital LLC. In November, Jackson transferred Neverland Ranch's title to Sycamore Valley Ranch Company LLC, which was a joint venture between Jackson and Colony Capital LLC. This deal cleared Jackson's debt, and he reportedly even gained an extra $35 million from the venture. At the time of his death, Jackson still owned a stake in Neverland/Sycamore Valley, but it is unknown how large that stake was. In September 2008, Jackson entered negotiations with Julien's Auction House to display and auction a large collection of memorabilia amounting to approximately 1,390 lots. The auction was scheduled to take place between April 22 and April 25. An exhibition of the lots opened as scheduled on April 14, but the actual auction was eventually cancelled at Jackson's request.
In March 2009, Jackson held a press conference at London's O2 Arena and announced a series of comeback concerts titled This Is It. The shows would be Jackson's first major series of concerts since the HIStory World Tour finished in 1997. Jackson suggested possible retirement after the shows; he said it would be his "final curtain call". The initial plan was for 10 concerts in London, followed by shows in Paris, New York City and Mumbai. Randy Phillips, president and chief executive of AEG Live, stated that the first 10 dates alone would earn the singer approximately £50 million. The London residency was increased to 50 dates after record breaking ticket sales: over one million were sold in less than two hours. Jackson rehearsed in Los Angeles in the weeks leading up to the tour under the direction of choreographer Kenny Ortega. Most of these rehearsals took place at the Staples Center, which was owned by AEG. The concerts would have commenced on July 13, 2009, and finished on March 6, 2010. Less than three weeks before the first show was due to begin in London and with all concerts being sold out, Jackson died after suffering cardiac arrest. Sometime before his death, it was widely stated that he was starting a clothing line with Christian Audigier. However, due to Jackson's untimely death, the current status of the label remains unknown.
Jackson's first posthumous single was a song entitled "This Is It" which Jackson cowrote in the 1980s with Paul Anka. It was not on the set lists for the concerts, and the recording was based on an old demo tape. The surviving brothers reunited in the studio for the first time since 1989 to record backing vocals. On October 28, 2009, a documentary film about the rehearsals entitled Michael Jackson's This Is It was released.Even though it ran for a limited two-week engagement, it became the highest grossing documentary or concert movie of all time, with earnings of more than $260 million worldwide. Jackson's estate received 90% of the profits. The film was accompanied by a compilation album of the same name. Two versions of the new song appear on the album, which also featured original masters of Jackson's hits in the order in which they appear in the movie, along with a bonus disc with previously unreleased versions of more Jackson hits as well as a spoken word poem entitled "Planet Earth". At the 2009 American Music Awards Jackson won four posthumous awards, two for him and two for his album Number Ones, bringing his total American Music Awards total to 26.
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