Accountant Arthur Erk said he used conservative estimates to determine Jackson’s earning potential.
But his calculations did not include the singer’s $400m (£264.6m) debt .This Guy was gonna be rich richy.
Katherine Jackson, who is suing music promoters AEG Live for $40bn (£26bn), was heard for the first time in court.
In a video statement, the singer’s mother said she was surprised when Jackson announced the This Is It concerts in London.
“He didn’t want to be doing the moonwalk on stage when he’s over 50,” she said in a short clip of her out of court testimony.
But Mr Erk, who has worked with musicians including Britney Spears and rock band Kiss, said Jackson had considered a Las Vegas show based on his music and archive footage.
“Demand was so wild that he probably could have charged more for tickets and still sold out,” Erk told the court.
Jackson had signed on for 50 shows in London before he died in June 2009, but contracts for the shows indicated a longer 37-month tour was a possibility.
The singer’s family are in the process of presenting figures to jurors to calculate potential damages, if the jury should find the company liable for the singer’s death.
The defence lawyer for AEG Live, which denies any wrongdoing, questioned the figures, claiming they did not account for the singer’s lavish spending habits or his $400m (£264.6m) debt.
The trial, currently in its 12th week, is expected to last until the end of July.
For failing to appear in court and sit down for her deposition, Rihanna may stand to lose millions, if her former money managers Berdon LLP, whom she sued last year, is able to convince the judge to penalize her for her resistance. The Barbadian princess is said to be applying some Lindsay Lohan antics of avoiding her courtroom appointments but her ex-accountants have apparently had enough.
Berdon LLP is taking legal action against the recording artist for multiple absences for court-ordered depositions from November of last year until most recently, a June 19 court date reportedly due to an illness. The accounting firm had apparently spent $100,000 for arranging the June 19 deposition in London just to accommodate the singer’s schedule, but she ultimately was a no-show too that day.
The accountants are slamming RiRi for her inexcusable behavior, saying the entertainer showed no signs of illness either before or after the scheduled deposition and was able to perform in her shows around that time and even tweeted about them. Citing they have been “pushed beyond the breaking point,” the firm wants the multi-million dollar case dropped and is asking for $100,000 for their wasted time and resources.
Rihanna sued Berdon LLP back in 2012 for allegedly mismanaging her money. The New York-based accounting firm claims the artist’s financial loss was the result of her own irresponsibility and that they have not swindled her or owe her anything.
Stars flocked to the Nokia Theatre L.A. Live on Wednesday, July 17 in Los Angeles to support the Excellence in Sports Performance Yearly Awards. Selena Gomez, Gabrielle Union and Marisa Miller looked stunning on the red carpet.
Former Disney darling Gomez was red hot in a mini lace Dolce & Gabbana dress with long sleeves. Styling her hair in waves, the brunette beauty finished off her look with a pair of black Casadei heels and Neil Lane jewelry, and a swipe of red lipstick.
“Think Like a Man” actress Union was dazzling in her tight sequined dress with a plunging neckline. She came to the event all smiles with her athlete boyfriend, Miami Heat player Dwyane Wade who looked dashing in his suit.
“R.I.P.D.” star Miller looked gorgeous in a blue Catherine Malandrino dress that fitted her figure like a glove. She slipped into Christian Louboutin heels. It’s her first red carpet appearance since she gave birth to her son Gavin back in December.
Also wearing blue was Malin Akerman who rocked a J. Mendel dress, Giuseppe Zanotti shoes, a Hunting Season clutch, and jewelry by Loree Rodkin and Jack Vartanian. Model Chrissy Teigen, meanwhile, looked fresh in her yellow frock.
Paula Patton went with a silver Theia dress, Katherine Webb donned a white dress with silver accents, while Lake Bell wore a D&G creation. Other guests included Jason Sudeikis & fiancee Olivia Wilde and Michael Phelps & girlfriend Win McMurry.
Sam Ryan is a talented pianist and currently one of Rwanda’s best music producers.
The soft spoken and down to earth beat maker is the owner of Beats Records located in Nyamirambo and also manages the audio production at Buddies Records.
Born on January 7, 1987, in the family of six (four boys and two girls), Sam Tuyizere, aka Sam Ryan’s passion to music dates back to his childhood.
Both his parents being pastors, Ryan grew up in church and says that his family played a major role in developing his music career.
He started playing a piano at the age of six and was later introduced to different music instruments.
He attended Remera Catholic Primary School and George Fox College of Kagarama for secondary. He is currently pursuing management studies at INLAK.
While growing up Ryan thought he would be a musician, but instead opted for music production because of his love for musical instruments.
How his career started
Ryan gets his inspiration for music production from David Gater and Dr. Dre, whom he says he admires because of their style of music. His journey in music production started in 2006 at Amnet Records with producer Emile Mbayeho.
“I loved music and computers that’s when I landed on this software called FLstudio for mixing beats,” narrates Ryan. “So when I reached Ament I had some little knowledge about production and they taught me a lot of stuff about FL and Logic soft wares used in music production.”