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At a private party in Hollywood Hills, unnamed sources report that a secret gaggle of top music executives heard a pitch last night from Joe Jackson‘s assistant about The King of Pop dad’s plan to launch a new supergroup called: THE JACKSON 3.

The new group will be:  Paris, Prince & Blanket.

Jackson’s assistant had a full-blown marketing plan, a few demos of potential singles, even a logo, explaining this was the real reason behind Joe’s negotiating behind the scenes to share custody in the children, or at least to keep them in the family to “raise them like good Jacksons.”

The Jackson 3 would go on a world tour next summer, and be the first release on Joe’s new record label, reportedly titled Ranch Records.

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