Friday, August 07, 2009

Not so secure


Huge drama for AEG Live!, the company that was supposed to be promoting the 50 This Is It concerts Michael Jackson was contracted to perform at the O2 Arena in London.

AEG Live! of course took some insurance policy in case Michael wasn't able to make it through the tour (something promoters do with every artist, not just Michael), so they went to Lloyd's of London to insure themselves for possible cancelled dates.

Except...

"This insurance does not cover any loss directly or indirectly arising out of, contributed, to, by or resulting from … the illegal possession or illicit taking of drugs and their effects."

Whoops! If it does turn out Michael Jackson's death was caused by drugs, AEG Live! can kiss their money goodbye...

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