I do not think Katherine is any more defensive than the many AEG employees/independent contractors who testified thus far.
Gerryevans, Passy001, hopefully I can answer both of your questions here:
The expert made a projection based on AEG’s emails and documents. The heart of BOTH projections is two shows a week and both the expert and AEG agree on that. Their projections differ based on the amount of time the tour would last and the monies amount. I do not believe the jurors will say Michael would never do two shows a week based on what he told his children and AEG planning for an extended TII tour. Based on that and the financial security Michael was trying to capture, I agree Michael would most likely continue touring.
The question is how much touring would he do? Well, AEG’s conservative estimate of 186 shows/$132M does not clear Michael’s $400M debt does it? If a reason to tour was financial stability, Michael would waste precious time under this projection. I expect AEG to be too conservative because they are a business and are in business because more monies come in than goes out. With their projection, Michael would have to do more than 186 shows OR he would have to net much more profit with other shows and/or revenue streams.
This is where the expert’s projection comes in. He includes, for example, sponsorships that AEG mentioned positively in their emails but, decided Michael did not warrant sponsorships in court due to his negative reputation and past in their view. The expert’s projection of 260 shows/$835M may seem exaggerated in monies amounts to some however, it is based on Michael NEVER touring again after those shows.
When the Rolling Stones first said they would retire, they were the hottest ticket and act around. I do not see why Michael would not have a BETTER experience (he was above top tier in a class of his own) if TII really was the LAST MJ tour. Rudely speaking, it would be the last trip on the MJ money train and I cannot believe everyone would not want to get on that train if they could. Michael would have to make enough to be financial stable to then go on and pursue film and any other venture he chose.
If 186/$132M is too stingy and 260/$835M shows is too far-fetched, the jury may look for middle ground between these two projections and may go lower or higher than that middle ground; 223 shows at $484M.
Passy001, you mentioned Michael having a past of being an unreliable business partner and cited Avram and the prince of Bahrain. AEG was aware of both of those circumstances and still contracted to partner with Michael for TII. This is why their argument in the cross examination of the expert (which already happened) was a bit lukewarm. They suggested reasons why Michael’s past and reputation would render him unsuccessful somehow AFTER the SOLD OUT 50 shows. They could not explain why they were also projecting an extended TII tour through their own emails and documents. And yes, a competent jury will not ignore these facts either.