CONCERT PROMOTERS MINIMIZED THEIR RISK WITH MICHAEL JACKSON

Photo Credit: Splash News
Michael Jackson turned up at his LA studio to rehearse for his London concerts and he took time to pose with fans and show off his new curly hair. For those who’ve been wondering WHY promoters would invest so much money in Michael’s concerts when it seems so risky, considering his health and past flakiness, the LA Times has the answer. All the money that promoters put up for this series of shows is backed by the value of Neverland and related assets of Michael’s. In other words Michael has put up a LOT of collateral. Jackson stands to take in 50 million dollars for the London shows and promoters hope to extend it to a three year tour starting in Europe, then Asia, and finally the US. So far that’s only in the talking stages.

5 Comments so far

1. By Reta
   On June 2, 2009 at

   Janet, it seems quite odd that you blog about this man so often given most people lost interest in him around 1986.

2. By gerard vandenberg
   On June 2, 2009 at

   you must confess: THE MAN’S GOT SELF-CONFIDENCE, folks!!

3. By Anonymous
   On June 2, 2009 at

   Too bad he doesn’t have a nose to go along with it. Yes, he does seem to be mentioned way too often on this site.

4. By christey
   On July 8, 2009 at

   Michael Jackson always gave me ideas and when ever i was bored his music was right next.. door. MICHAEL JACKSON U ARE MY HERO U ARE THE ONLY ONE IN THIS WORLD THAT MAKES THE BEST MUSIC IN THE WORLD I LOVE U MICHAEL JACKSON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

5. By christey
   On July 8, 2009 at

   Michael Jackson always gave me ideas and when ever i was bored his music was right next door. MICHAEL JACKSON U ARE MY HERO U ARE THE ONLY ONE IN THIS WORLD THAT MAKES THE BEST MUSIC IN THE WORLD I LOVE U MICHAEL JACKSON!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

5 Responses to “CONCERT PROMOTERS MINIMIZED THEIR RISK WITH MICHAEL JACKSON”