New Numbers Show Michael Jackson's Funeral Cost City $3.2 Million
LAPD at the Michael Jackson Memorial Service in July | Photo by Zach Behrens/LAist
A city report (.pdf) released Friday shows that costs for the Michael Jackson public memorial service were more than originally thought, which was $1.4 million. The actual cost, according to the new report, was $3.4 million. That's $1.2 million for straight time salary costs (mostly police) and $2 million for overtime salary costs and expenses (once again, most for police).
"It feels like a burn: AEG is set to recoup 10 percent of the proceeds from This Is It, the film based on rehearsals at the very AEG-owned Staples Center where the Jackson memorial was held," wrote Dennis Romero at LA Weekly. "That adds up to $20 million so far."
Any good news? Estimates put the economic benefit of the event at around $4 million. That's because hotels, taxi and tour services saw an increase in revenue.