Jackson eyes big screen success

Michael Jackson has invested part of his fortune in a bid to become a film mogul, it was reported.

The pop star has set up a company called Neverland Pictures, whose first film, starring Kevin Spacey, starts production next month.

Jackson has entered into a deal with a distribution company to make sure he can compete with Hollywood studios and invested up to €23m with partner Raju Sharad Patel in the venture, Daily Variety reported.