While many fans expressed concerns today over Michael Jackson's remarks that "This Is It!" as far as performances in London go, Randy Phillips of AEG Live confirmed to the media that this is likely just the first step in what could evolve into a three-year worldwide tour and the release of a brand new music album. "Surviving the press conference was the first step. We’ve a three-year plan for Michael Jackson and if it all goes well we will gross $400 million (£280 million) in total." Phillips added that Michael Jackson stands to earn "probably something pretty close to £50 ($70.5) million for the London shows." Future concerts may be held in New York, Paris and Mumbai." Again, only the first 10 concerts in London have been confirmed as of now.
With regards to the concerts themselves, Phillips promises that they will be two-hour "all-singing and all-dancing spectaculars" and gave ticket estimates of £50 ($70.50) to £75 ($105). Due to reportedly high demand, presale information has not yet been made publicly available.
"There is still much more to come from Michael Jackson. My passion for music has never stopped." - Michael Jackson (2008)
Source: MJJR.net / Times Online