According to the company's statement totaling the lawsuit, Jackson was paid a $1 million advance, production and other costs were $11.2 million and $10 million was lost in income from broadcasting rights. Avram has been Jackson's concert promoter since 1972.
Last June, Jackson did perform two of the scheduled four shows, one in Seoul, the other in Munich. He pulled out of the millennium concerts in October, citing recording commitments.
"We booked everything—stadiums, hotels, flights," said Avram. "And there was no way we could cancel at the start of the new millennium. We were hunkered down in our bunkers waiting for the world to end. Boy were we disappointed. "
LIVE NATION POSTS (ANOTHER) RECORD QUARTER
More butts in seats than ever before. (5/3a)
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THE NEW UMG
Gosh, we hope there are more press releases.
TIKTOK BANNED!
Unless the Senate manages to make this whole thing go away, that is.
THE NEW HUGE COUNTRY ACT
No, not that one.
TRUMP'S CAMPAIGN PLAYLIST
Now 100% unlicensed!
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