Sony Music has confirmed that it plans to release a new Michael Jackson album and single.

The song 'This Is It' will be made available on October 12, two weeks prior to the release of the concert film of the same name, Entertainment Weekly reports.

The track will appear on a two-disc compilation - also titled This Is It - that will follow on October 26.

"Disc one will feature the original album masters of some of Michael's biggest hits arranged in the same sequence as they appear in the film," according to the record label.

"The disc ends with two versions of the never-released 'This Is It'. This song is featured in the film's closing sequence and includes backing vocals by Michael's brothers, the Jacksons."

The second disc will feature "previously unreleased versions" from the late King Of Pop's catalogue of hits. It will also include a spoken word poem entitled Planet Earth and a 36-page commemorative booklet with "exclusive photos of Michael from his last rehearsal".

Former Sony CEO Tommy Mottola recently said that fans can expect to enjoy new music from the popstar for "decades to come".