(PHOTO) REUTERS/Gabriel Bouys/PoolJanet Jackson (L-R), Paris Michael Katherine, LaToya Jackson, Jermaine Jackson and Prince Michael Jackson attend a memorial service for their brother and father, music legend Michael Jackson

LaToya Jackson has reportedly signed her late brother Michael's three children to her talent agency and new reports claim that they may star in their very own reality TV series.

LaToya, 56, is believed to have signed Prince, 16, Paris, 15, and ten-year-old Blanket to her Ja-Tail Enterprises talent company and she will now reportedly receive a 15 percent commission on every deal they make. There is reportedly a bidding war over the reality TV show deal allegedly being brokered by LaToya and bids have exceeded $10 million, according to the New York Post.

The show, which will reportedly feature Michael's children and his mother Katherine, has garnered the interest of Oprah Winfrey's OWN network. OWN is said to be the highest bidder.

"Toya's working it. It's because [Katherine] can't say no to her," one person close to the family told the Post.

In 2012 Michael's children and siblings were embroiled in a family feud with differences allegedly stemming from Michael leaving several siblings out of his will. LaToya appeared to be uninvolved in the feud and she was uncharacteristically silent on the matter which ultimately won over Michael's kids' trust.

"She pounced while everyone else was making a lot of useless noise. It was her smoke screen, and she got it done," a source said.

"She told them how she knew [Michael] better than anybody else, and she knew he'd want them to follow their dreams; and because they were his children, they could be media and entertainment moguls," the source continued adding "she had a blueprint. She sold it, and they bought it."

LaToya is believed to have recently brokered two deals on Prince's behalf including his "Entertainment Tonight" correspondent gig, and his "90210" guest starring role.