The Associated Press is reporting that the impending auction of Michael Jackson's Neverland holdings and memorabilia is off. The two sides had been arguing for the past month about whether the auction, which Jackson's production company pursued and contractually obliged itself to, would go on. Seems there was some sort of miscommunication, and Jackson sued to put a halt to the proceedings.

Writes the AP:

Specific terms were not disclosed. But in short, Jackson keeps his things, while Julien's keeps its exhibition, which was open to the public and originally meant to promote next week's sale.

“There was so much interest from so many of Jackson's fans that instead of putting the items in the hands of private collectors, Dr. Tohme and Julien's Auction House have made arrangements that will allow the collection to be shared with and enjoyed by Jackson's fans for many years to come,” read a joint statement from Jackson spokesman Dr. Tohme R. Tohme and auction organizer Darren Julien.

West Coast Sound, then, got a boatload of awesome images at the press preview yesterday, and saw some stuff that totally creeped us out. We'll be sharing more in coming days. As well, expect some great video.

Erin Broadley's slideshow of Michael Jackson memorabilia from Monday's press opening.

West Coast Sound's creepy portraits of dummies and heads and weird stuff at the Neverland Auction from Monday's press opening.

LA Weekly