A spokesman for the company, which got the footage from Jackson's driver at the time who was given the tape from Jackson himself as a gift, claimed that though they are still talking to buyers, as yet no one has made a real bid for the footage.
However there a few reasons why the footage wasn't sold. First of all some thought the asking price was too high, especially for something that had questionable commerical value, and that with an asking price that high there was NO WAY that the Jackson estate would allow a third party to profit from it.
Also turns out that there's already another Dangerous concert video out there for sale, 'Live in Bucharest: The Dangerous Tour', which can be bought even on Amazon. So who would want to pay nearly $8 milion for footage from the same tour?
The speculation is that Fame Bureau was probably hoping that someone from the Jackson estate would come in with a big offer to get back the footage and keep it from eventually being bootlegged. But obviously that didn't happen