New plans for Jackson’s Neverland Ranch announced Following Michael Jackson’s tragic passing, the owners of Jackson’s former safehaven, Neverland Ranch, have proposed turning the ranch into a small music institute for teenagers, similar to the Julliard school in New York City.

The plan asks to make an institute that would educate kids on all aspects of making music, everything from songwriting to production to performance. Colony Capital, the owners of the ranch, would like to turn it into a campus for kids from all walks of life to enjoy.

Two giant hurdles still remain, first, whether or not Santa Barbara county will sign off on something of this nature and secondly, whether they could use the Michael Jackson name to promote the institute. Sources say that the second hurdle may be more easily overcome than expected. Sources say that Jackson’s estate may be willing to engage in talks. “It’s an interesting idea and we’d be open to it,” TMZ reports.

What do you think of the idea? Let us know what you think.

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One Comment

  • December 20, 2010 | Permalink |

    I believe it should be up to his children.

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