Dan Reed said the film, which is being produced by Jackson's estate and directed by Antoine Fuqua, will "glorify a man who raped children."
The project was announced during UMG's artist showcase during Grammy weekend.
The British band was joined by Jacob Collier and the Jason Max Ferdinand Singers.
Trevor Noah hosts the 67th annual ceremony featuring performances by Stevie Wonder, Billie Eilish, Coldplay’s Chris Martin and more.
"One song took 40 takes," the 31-year-old said on The Graham Norton Show.
Reznor and Ross won their first of two Oscars working on Fincher's "The Social Network."
The show, hosted and executive produced by Jimmy Fallon, features challenges inspired by popular Tonight Show segments.
The Stranger Things star said he's learning a lot about Nirvana, the Beastie Boys and more.
"GAGADONNA IS REAL," one fan declared in the comments.
LL Cool J will introduce the segment, while Busta Rhymes, Ice-T, Missy Elliott and more are set to perform.
