More Michael: Pop superstar Michael Jackson announced the creation of a new independent film company dedicated to improving "this troubled world." Michael Jackson Productions Inc. will release full-length commercial feature films, with a share of profits going to Jackson's Heal the World Foundation. The first project, planned for later this year, is a film written by and starring Jackson that addresses worldwide inequality and prejudice. "I believe passionately in the power of mass entertainment and have seen how, with positive messages, it can help alleviate the problems we face, including the suffering of the world's children," Jackson said in a statement. A spokesman for Jackson said there would be no conflict with an existing deal between the singer's other movie company, Nation Films, and Columbia Pictures.