Michael Jackson
Michael Jackson’s 1st show in the last 15 years, at the London’s O2 Arena; it is anticipated that he could earn more that $50 millions from this much awaited 50 show stand.
Burbank, Calif, is the place where the King of the Pop – Michael Jackson has been rehearsing for the last 4 weeks. The 50 show series would start on July 8, 2009. Each show would have the capacity of 15,000 people each and the ticket would be around $115, considering that the gross revenue would go up to $90 million.
Other VIP and secondary sale package would take the figure to more than $100 million. Add another $15 million for the merchandise sales as anticipated.
The deal that Michael Jackson has with the producer/promoter AEG Live would get him about $50 millions form the net sale of the north alone. $20 million production bill is footed by the company.