29_35x90 knx_35x90

Local

AEG Sought Protection Against Cancelled Jackson Shows

View Comments
(credit: Phil Klein-Pool/Getty Images)

(credit: Phil Klein-Pool/Getty Images)

Photo Galleries

LOS ANGELES (CBS/AP) — Months before a contract was signed with Michael Jackson, AEG was looking to protect its investment against the possibility of cancelled shows in the singer’s planned tour.

KNX 1070’s Margaret Carrero reports that testimony Wednesday revealed that AEG began inquiring about non-appearance insurance for Michael Jackson months before they reached a tour agreement, to secure repayment for any advances made to Jackson in the event shows were cancelled.

AEG Senior Vice President Shawn Trell said insurers were hesitant due to media reports in Europe that the King of Pop was suffering from skin cancer and other illnesses, but their concerns never mentioned anything about drugs, alcohol or insomnia.

The testimony came on the same day that Katherine Jackson’s attorney Brian Panish shared emails with the jury in which a lawyer for the parent company of AEG Live LLC called Jackson a ‘freak’.

(TM and © Copyright 2013 CBS Local Media, a division of CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

View Comments
blog comments powered by Disqus
Follow

Get every new post delivered to your Inbox.

Join 2,397 other followers