Estate to help cover Jacko memorial
Published 21/06/2010 | 16:16
Michael Jackson's estate and entertainment company AEG have agreed to contribute 1.3 million dollars to help cover public costs related to the star's memorial service at LA's Staples Centre last year.
AEG President Timothy J Leiweke and Mayor Antonio Villaraigosa said in a joint statement that 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.
Critics took aim at the city for spending 3.2 million dollars to support the memorial service at AEG's Nokia Theatre and Staples Centre on July 7 last year. Police overtime alone amounted to 2 million after they set up an elaborate security zone around the memorial site.
The King of Pop died in LA on June 25 2009, weeks before he was due to perform 50 sell-out dates of his This Is It tour at the 02 Arena in London.