The loan had been held by Fortress Investment Group, a New York-based private equity and hedge fund group.The loan was about $23.5 million, according to a source familiar with the matter.In a press release, Jackson said he was in discussions with Colony and its founder, Tom Barrack Jr, "with regard to the ranch and other matters."Representatives of Jackson and Colony did not provide additional details. A Fortress representative could not be reached for comment.The formerly high-flying singer and songwriter saw his career slammed by child molestation charges in 2005. Even though he was acquitted on all counts, he has faced significant financial problems in recent years.Reporting by Dane Hamilton; editing by John WallaceThis Week in Pop Culture
Sept. 24, 2005: Ashton Kutcher, the star of such epic films as 'Dude, Where's My Car?' and 'The Butterfly Effect,' marries Kabbalist cougar Demi Moore in Beverly Hills, before roughly 100 friends and family, including Moore's ex-husband, Bruce Willis. (OK!/AP)
Sept. 26, 1957: Shakespeare's 'Romeo and Juliet' returns to Broadway, this time as Leonard Bernstein's 'West Side Story.' The retelling of the classic love story will run for 734 performances and produce such classic songs as 'Somewhere' and 'America.' (Everett Collection)
Sept. 29, 1984: With 'Let's Go Crazy' joining both the album and film 'Purple Rain' at No. 1, Prince becomes only the second artist to simultaneously top the song, album and movie charts in the U.S. (Everett Collection)
Sept. 27, 1954: 'The Tonight Show,' hosted by Steve Allen, makes its television debut. The show will become the second-longest running entertainment program in TV history, trailing only 'Guiding Light.' (Bettmann/Corbis)
Sept. 26, 1955: Debbie Reynolds weds crooner Eddie Fisher, a union that will last until Fisher falls under the spell of Elizabeth Taylor four years later. Luckily, the couple is together long enough to produce son Todd Fisher and daughter, Carrie "Princess Leia" Fisher. (WireImage.com/LucasFilms/ZUMA)
Sept. 30, 2006: Love is in the air as Amanda Peet marries screenwriter David Benioff in New York City, while 1,348 miles away, Isaac Hanson, the eldest brother from the band Hanson, weds Nicole Dufresne in Tulsa, Okla. (Getty/WireImage.com)
Sept. 29, 2005: Two weeks after photos of her doing lines of cocaine are splashed across the front page of the British tabloid the Daily Mirror, supermodel Kate Moss checks into the $4,000-a-night Meadows Clinic in Wickenberg, Ariz., where she is said tostay for 30 days. (Getty Images)
Sept. 25, 1990: Underwhelmed by drummer Chad Channing, Kurt Cobain and Krist Novoselic of Nirvana invite Dave Grohl to join the band. Later that year they record the landmark album 'Nevermind.' (WireImage.com)
Sept. 29, 2001: Jennifer Lopez marries dancer Cris Judd, whom she'd met on the set of her video for 'Love Don't Cost a Thing.' The union will begin to sour when she is handed a bouquet of flowers from Ben Affleck while Judd and the paparazzi look on at the opening of Madre's, her restaurant in Pasadena, Calif. (Getty Images)
Sept. 26, 2003: Singer Robert Palmer,former frontman for the band Power Station, dies of a heart attack in Paris at the age of 54. (Retna)
Neil Young Honored With His Own Spider
