Sunday, June 20, 2010

Michael Jackson: Finally, someone pays

AEG and the Michael Jackson estate are busily trying to make their grudging, belated, inadequate payment towards the massive costs of the Jacko back catalogue relaunch party ("memorial event") appear as an act of unprecedented generosity:

AEG President Timothy J. Leiweke and Mayor Antonio Villaraigosa said Friday in a joint statement that $1 million will be provided to the city's general fund, and the rest of the money will go to the Los Angeles Police Foundation for crime-fighting equipment.

"It was important to us that all parties agreed that this was not an obligation but a choice we believed was important to make at a time when thousands of city employees are being reduced," Leiweke said in the release.

The 'rest of the money' is $300,000. In total, the payment from AEG and the estate doesn't even cover the overtime the residents of LA had to pay police to look after the concert; and it's barely a smidge of the profits made from people buying Jackson records when he died.

Perhaps now AEG have had a chance to choose to do the right thing, it's time for them to be asked to make up the rest of the costs?