Published Date:
03 July 2009
CONCERT promoter AEG Live's chief executive said insurance will help cover any losses on the now-cancelled Michael Jackson concert series if the pop star died accidentally, but not if he died of natural causes.
Randy Phillips said the company took out £10.5 million in insurance coverage through Lloyd's of London.
That would still fall short of the £15-20m Phillips said AEG Live had already spent on Jackson's comeback.
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Last Updated:
03 July 2009 10:07 AM
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Source:
Edinburgh Evening News
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Location:
Edinburgh
