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June 20, 2010

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Jackson estate to pay up

THE estate of Michael Jackson and entertainment company AEG agreed to contribute US$1.3 million to help cover public costs related to the pop star's memorial service last year at Staples Center in Los Angeles, officials said.

AEG President Timothy Leiweke and Mayor Antonio Villaraigosa said in a joint statement that US$1 million will be provided to the city's general fund, and the rest of the money will go to the Los Angeles Police Foundation for crime-fighting equipment.

"It was important to us that all parties agreed that this was not an obligation but a choice we believed was important to make at a time when thousands of city employees are being reduced," Leiweke said in the release on Friday.

Critics took aim at the city for spending US$3.2 million to support the memorial service last July 7 at AEG's Nokia Theater and Staples Center. Jackson died of an overdose of sedatives.



 

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