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News: Michael Jackson's death leaves AEG Live facing £300m bill
News Michael Jackson's death leaves AEG Live facing £300m bill

It is thought the company was unable to get insurance for at least 30 of the concerts – which were due to start next month – after obtaining limited cover for between 10 and 20 of up to £130 million.

Insurers declined to take on the financial risk of the shows not going ahead, apparently concerned that the singer, who appeared frail at the unveiling of the concerts in March, would not be able to complete the run.
Randy Phillips, AEG's chief executive, told The Daily Telegraph at the time that the company, which is owned by the American billionaire Philip Anschutz, was willing to "self-insure", shouldering the potential cost itself.

"It's a risk we're willing to take to bring the King of Pop to his fans," Mr Phillips said, insisting Jackson had passed a thorough medical "with flying colours". AEG declined to comment yesterday.



Posted by Admin on Friday, June 26 @ 13:54:55 EDT (1063 reads) (Read More... | 2875 bytes more | News | Score: 0)
 



News: LAPD Homicide Squad Assigned to Investigate Michael Jackson Death
News LAPD Homicide Squad Assigned to Investigate Michael Jackson Death

There is no immediate indication of a crime," a police official told ABC News, "but because of the high profile nature of the case the robbery and homicide detectives with review all evidence and work with the coroner's office."

Los Angeles police were reported to be seeking a doctor who was with Jackson when he collapsed yesterday at his rented mansion in the Bel-Air section of Los Angeles.

Log on to ABCNews.com all day for the latest on Michael Jackson's death and autopsy information.

The LAPD is also reportedly searching for a doctor who may be able to help in their investigation. Police say that they towed a BMW owned by the doctor from Jackson's home.



Posted by Admin on Friday, June 26 @ 13:50:20 EDT (916 reads) (Read More... | 1147 bytes more | News | Score: 0)
 



News: King of Pop Michael Jackson has died
News Michael Jackson has died

We've just learned Michael Jackson has died. He was 50.

Michael suffered a cardiac arrest earlier this afternoon at his Holmby Hills home and paramedics were unable to revive him. We're told when paramedics arrived Jackson had no pulse and they never got a pulse back.

A source tells us Jackson was dead when paramedics arrived.

Once at the hospital, the staff tried to resuscitate him but he was completely unresponsive.

We're told one of the staff members at Jackson's home called 911.

La Toya ran in the hospital sobbing after Jackson was pronounced dead.

Michael is survived by three children: Michael Joseph Jackson, Jr., Paris Michael Katherine Jackson and Prince "Blanket" Michael Jackson II.



Posted by Admin on Thursday, June 25 @ 17:58:08 EDT (1208 reads) (Read More... | 1582 bytes more | News | Score: 0)
 



News: Its Recession Time
News Saber Al Rubai
Tunisian singer Saber Al Rubai launched his latest album in Beirut. The singer did not miss the opportunity to criticise his production company for the tough exclusive contracts they have with singers. Al Rubai said he was willing to produce his video clips, at his own expense, because the company would only produce two clips for him. Is the company also cutting costs?


Posted by Admin on Thursday, June 18 @ 14:32:46 EDT (1412 reads) (Read More... | News | Score: 0)
 



News: Soon To Be Married?
News Elissa
Elissa and Wael Kfoury are engaged according to some Arabic Websites. But it looks like it's an unbased rumour, and the only "proof" is a picture of the two taken at a Club opening party in Dubai, where they were guests of honour. Wael had earlier said he liked older women, because they are more affectionate and understanding, but he never said anything about planning to marry Elissa, who is just a friend of his! Plus, Wael was seen hand in hand with a girl at the opening of a new hotel in Dubai. The lady whose name is Rima Khouri is the daughter of a prominent Lebanese tycoon. Wael has talked about a new girl in his life, saying that she's not in the same industry. Is she the mystery girl?


Posted by Admin on Thursday, June 18 @ 14:27:53 EDT (1815 reads) (Read More... | News | Score: 0)
 


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