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We Just Might Break Even on Cost of Jackson Memorial
Estimates peg yesterday's massive memorial service for Michael Jackson costing the city at around $4 million, but "one economist says Los Angeles may end up breaking even," according to abc7. "Jack Kyser says the event costs may be offset by the money spent on food and lodging from all the fans and media who came to L.A." To help cover the unexpected expense, Mayor Antonio Villaraigosa's office established a website yesterday to collect donations. However, "newly-elected city attorney Carmen Trutanich says his staff is investigating how to make sure the city is not put in this position again."
One year ago, Congress voted to defund public media, eliminating a critical $1.7 million from our budget every year going forward. But they couldn’t silence us, and we’re not going anywhere. LAist is now 100% community funded and that means we’re taking our future into our own hands and turning to you to keep local reporting strong.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
You come to LAist because you want independent reporting and trustworthy local information. Our nonprofit newsroom doesn’t answer to shareholders looking to turn a profit. Instead, we answer to you and our communities. We are free to follow facts wherever they lead and to hold power to account without fear or favor. Our only loyalty is to our readers and listeners and our mission: to inform, engage, and strengthen Southern California’s communities.
If this story helped you, please become a monthly member today to help sustain this mission. It just takes 1 minute to donate below.
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