Friday, July 19, 2013

Promoter plotted out worldwide tour for Jackson

FILE - In this Dec. 8, 1996 file photo, Michael Jackson belts out a song during the first concert of his 2-days concert tour in Manila, dubbed as HIStory World tour. Accounting expert Arthur Erk told a jury on Monday, July 15, 2013, that Jackson would have likely earned at least $1.1 billion if he completed a worldwide tour and crafted a Las Vegas show before dying. Erk's testimony in a lawsuit filed by the singer's mother, Katherine Jackson, against concert promoter AEG Live LLC, includes estimates that Jackson would have spent $134 million before retiring from showbiz at age 65. (AP Photo/Pat Roque, File)

FILE - In this Dec. 8, 1996 file photo, Michael Jackson belts out a song during the first concert of his 2-days concert tour in Manila, dubbed as HIStory World tour. Accounting expert Arthur Erk told a jury on Monday, July 15, 2013, that Jackson would have likely earned at least $1.1 billion if he completed a worldwide tour and crafted a Las Vegas show before dying. Erk's testimony in a lawsuit filed by the singer's mother, Katherine Jackson, against concert promoter AEG Live LLC, includes estimates that Jackson would have spent $134 million before retiring from showbiz at age 65. (AP Photo/Pat Roque, File)

FILE - In this Dec. 8, 1996 file photo, Michael Jackson belts out a song during the first concert of his 2-days concert tour in Manila, dubbed as HIStory World tour. Accounting expert Arthur Erk told a jury on Monday, July 15, 2013, that Jackson would have likely earned at least $1.1 billion if he completed a worldwide tour and crafted a Las Vegas show before dying. Erk's testimony in a lawsuit filed by the singer's mother, Katherine Jackson, against concert promoter AEG Live LLC, includes estimates that Jackson would have spent $134 million before retiring from showbiz at age 65. (AP Photo/Pat Roque, File)

(AP) ? Documents displayed for a jury Wednesday showed the promoter of Michael Jackson's ill-fated comeback concerts had contemplated a worldwide tour for the entertainer in the year before his death.

The documents prepared by AEG Live LLC envisioned 186 shows, with Jackson earning $132 million for his performances ? far less than the $835 million that an accountant who previously testified for the Jackson family had projected the singer would pocket from 260 shows around the globe.

The company's plans and calculations were presented to jurors hearing a negligent hiring lawsuit filed by Katherine Jackson against AEG Live. Katherine Jackson's lawyers used the tour schedule to show the company had plans to mount an international comeback for the entertainer and that their expert's assertions were supported by AEG's own plans.

The AEG Live figures were intended to counter the previous estimate of Jackson's earning power prepared by certified public accountant Arthur Erk.

Erk had said Jackson could have earned more than $1 billion if merchandise sales, endorsement deals and the creation of a Las Vegas show were included in his take.

However, a lawyer for AEG Live got Erk to concede Tuesday that his projections were not based on historical figures of Jackson's earnings or spending.

The touring schedule drafted by AEG Live in September 2008 included shows in Europe, India, Australia and the United States. It was prepared by a top AEG Live executive trying to coax Jackson back on stage for the first time in more than a decade.

Jackson eventually agreed to do a series of concerts in London's O2 Arena. He died in June 2009 while rehearsals were underway for the "This Is It" shows.

His last tour had been in 1997, but the singer was scheduled to perform 50 shows in London beginning in July 2009. Jackson had not agreed to perform shows in any other countries.

Jackson died of an overdose of the anesthetic propofol administered by a doctor in June 2009. His mother claims AEG Live failed to properly investigate the doctor who was later convicted of involuntary manslaughter.

A jury of six men and six women is hearing the lawsuit and would consider possible damages if AEG is found liable.

The company denies it hired the doctor or bears any responsibility for the superstar's death.

AEG Live projected that Jackson would earn between $22 million and $30.7 million for the London "This Is It" shows. The singer did not have any sponsorship or endorsement deals for performances.

Jurors also watched a clips from deposition testimony by Jackson's daughter Paris, who said her father told her that he didn't plan to perform after the London shows but did intend to take his children on a worldwide tour.

"He still had a lot of music that he was still working on, but he kind of needed to relax," Paris Jackson said.

___

Anthony McCartney can be reached at http://twitter.com/mccartneyAP .

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/4e67281c3f754d0696fbfdee0f3f1469/Article_2013-07-17-Jackson-AEG%20Suit/id-7f6c5c0ca0df4094a5526e41a35136ac

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