JACKSON COMEBACK TOUR ANNOUNCEMENT EXPECTED ON THURSDAY
MICHAEL JACKSON will unveil plans for his 30-date residency at London’s O2 Arena on Thursday (05Mar09), according to U.K. reports.
The press conference will end fevered speculation that the King of Pop plans to make an explosive comeback by staging a series of concerts in the British capital, according to Sky News.
A source tells WENN Jackson was due to land at a London airport at 2pm (GMT) on Tuesday (03Mar09) and will appear in person at the press conference to make the announcement.
The Thriller hitmaker’s last major tour was in 1996, and his most recent album, Invincible, was released eight years ago in 2001.
Reports have suggested the residency could pull in $214.5 million (£150 million) - netting the star a mammoth $7.15 million (£5 million) pay cheque per show.
It is believed revenue from the residency will help Jackson’s waning fortune - he was forced to sell his beloved Neverland Ranch to a private equity firm last year (08) after falling behind on the $3 million (£2.1 million)-per-year running costs.
The string of shows will trump fellow pop superstar Prince’s stint at the venue in 2007, which saw the Purple Rain legend sell-out the O2 for 21 dates.
Movie & Entertainment News provided by World Entertainment News Network (www.wenn.com)
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