Friday, December 23, 2011

Michael Jackson Tribute Promoters File For Bankruptcy

Global Events LLC, company behind last month's 'Michael Forever' concert, reportedly owes thousands to contractors.
By James Montgomery



Photo: Ebet Roberts/ Redferns/ Getty Images

The company behind last month's controversial Michael Jackson tribute concert has filed for bankruptcy, reportedly due to massive debts owed to contractors who worked on the show.

Global Events LLC, the promoters of the "Michael Forever" concert in Wales, have turned their finances over to U.K.-based accounting firm RSM Tenon, according to the Welsh newspaper Western Mail. Tenon told the paper that they are "currently conducting our initial review of the business," and reports state that Global Events owes "thousands of pounds" to workers, including members of the U.K. broadcasting union Bectu.

The "Michael Forever" tribute concert was held on October 8 in Cardiff, Wales, and though the show went on — featuring performances by Christina Aguilera, Jamie Foxx, Cee Lo Green and Ne-Yo — it was beset by difficulties from the onset. The Jackson estate expressed their disapproval that they were not consulted over use of Jackson's image, Jackson's brothers Jermaine and Randy called into question the timing of the concert (given the then-ongoing trial of Jackson's former physician, Dr. Conrad Murray), and in the days leading up to the show, announced headliners Kiss were pulled after lead singer Gene Simmons reportedly made derogatory comments about the late King of Pop.

The Black Eyed Peas and Jennifer Hudson — both of whom were also announced as performers at the show — also pulled out before the gig.

Global Events was established in March by producers Michael Henry and Chris Hunt, though according to the Western Mail, both men left the partnership on the day of the concert. When contacted by the newspaper for comment on the company's bankruptcy, Henry said, "All enquires about Global Events should be made [to RSM Tenon]."

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Source:
http://www.mtv.com/news/articles/1675058/michael-jackson-concert-promoters-bankruptcy.jhtml

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