We were among the first to dare say what others were thinking. Now if you go to the supermarket checkout the tabloid headlines are "WHO Killed Michael?" And now TMZ is raising the motive we raised of insurance:"He feared somebody wanted to kill him," Brian Oxman, Michael's family lawyer tells Life & Style. "He was even concerned people would kill him to somehow try to take control of the Beatles back catalog."
AEG -- MJ Concert Insurance Covered Overdose
Posted Jul 3rd 2009 11:30AM by TMZ Staff
AEG took out a hefty insurance policy in case Michael Jackson's 50 London concerts fell through -- turns out the policy covered an MJ overdose.
AEG's chief executive Randy Phillips said the $17.5 million insurance policy from Lloyd's of London didn't cover a death from natural causes.
Phillips said the policy would still fall short of the money spent on Jackson's advance, producing the show, covering some of MJ's debts and paying his staff and rent -- which cost between $25 and $30 million.
AEG took out a hefty insurance policy in case Michael Jackson's 50 London concerts fell through -- turns out the policy covered an MJ overdose.
AEG's chief executive Randy Phillips said the $17.5 million insurance policy from Lloyd's of London didn't cover a death from natural causes.
Phillips said the policy would still fall short of the money spent on Jackson's advance, producing the show, covering some of MJ's debts and paying his staff and rent -- which cost between $25 and $30 million.
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