Prince Whiskers, on Jul 2 2009, 12:10 PM, said:
The question is: Would AEG have enough money left to pay Celine after fixing the money mess that MJ's death has left them with?
There is always Livenation...
Bellamy, on Jul 3 2009, 05:22 AM, said:
Didn't AEG said they have good insurance cover the MJ's tour? I'm sure they knew the tour could be canceled at any minute. Many people didn't expect he could do 50 shows night after night.
There are different reports about that... AEG itself are saying they had an insurrance but other sources are claiming no insurrance company was found ready to insure the concerts since the risk was to high...
In the case they had an insurrance I'm certain that the fees paid would be huge and maybe even never seen before... If they were not insured, well, let's say they will suffer a lot of loss... Even with insurance they will lose a big amount of money, no doubt about that...
Prince Whiskers, on Jul 6 2009, 11:59 AM, said:
Only 20 of the 50 were insured, or so I read. AEG now has its hands full trying to find other ways to recover its investment.
Don't know about that. Some say they had indeed partially insurance, others say they did have full insurance while others are claiming AEG wasn't insured at all...
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