Word: o2
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...Jackson underwent rigorous health checks to prove his fitness ahead of the announcement, and AEG, the group that owns the O2 arena, has reportedly obtained insurance to protect against Jackson falling ill and canceling performances. Last year, photographers captured Jackson in a wheelchair wearing pajamas as his children pushed him. Nevertheless, AEG Live chief Randy Phillips says Jackson has a three-year plan worth $400 million with the company that could include concerts and the development of a 3-D movie based on the legendary "Thriller...
...Splashy entrances aside, the NFL is a bit late to the party: it's the third major American sport to bat its eyes at the British capital in the past month. An Oct. 10 NBA clash between the Boston Celtics and Minnesota Timberwolves at London's O2 Arena (formerly known as the Millennium Dome) was the showcase match-up in a five-city, seven-game European tour. On Sept. 29 and 30, that newly rechristened venue also played host to a season-opening two-game series between the Los Angeles Kings and Anaheim Ducks of the NHL, a league whose...
...within the space of the last four months, the Dome has become a hot destination. Now redubbed the O2 - after the mobile telecommunications operator paying $12 million a year for naming rights - and centered around a newly built, 20,000 seat arena, the O2 has quickly established itself as London's hippest concert venue since opening in June. Prince sold out 21 nights at the arena in August and September. Other top acts to play it so far include the Rolling Stones, Justin Timberlake, Elton John and the White Stripes. A reunited Led Zeppelin will play a one-time only...
...needs between 120 to 150 events a year to make the O2 viable, but it's already on track to host up to 180 in its debut year. "We're well ahead of the game," says David Campbell, chief executive of AEG Europe. According to Billboard, O2 sold 601,056 tickets in its first three months, making it the fourth most popular arena in the world after Madison Square Garden, the Manchester Evening News Arena and Wembley Arena. Legendary British promoter Harvey Goldsmith, organizer of the Zeppelin show, isn't surprised by the O2's success: "It's a state...
...hurdle remains: finding a catalyst for the $700 million second phase of the redevelopment, which includes plans for a 650-room hotel next to the O2. Originally AEG expected to build a supercasino inside, but that idea got nixed by the government. One option is a cruise-ship terminal. AEG and the Port of London Authority are conducting a study to see if the Thames can be suitably dredged to allow the large ships to reach the O2. If given the go-ahead, this would open in time for the start of the 2012 London Olympics. Another possibility...