According to the Associated Press, the Austrian company that was organizing a global tribute to Michael Jackson in London is being dissolved and will not be able to put on a star-studded show in honor of the King of Pop.

The Michael Jackson tribute concert in London that was scheduled for next June has been cancelled, as the show’s Austrian organizer announced on Friday that it is being liquidated.

Former chief promoter Georg Kindel and his now-defunct company World Awards Media and Jackson’s brother Jermaine had already disappointed fans this past summer by first announcing a Vienna tribute concert for September and then cancelling it because of a lack of participating stars and funds. World Awards Media’s majority owner, Vienna-based Superfund, issued a press release on behalf of Kindel’s company, saying that the decision to dissolve the company was made at the end of November. The statement did not provide any further details.

After the failed Vienna show, Jermaine Jackson said that London would be the ideal concert location because that was where Michael Jackson had planned to stage his comeback concerts.

Kindel told the Austria Press Agency that he did not know if Jermaine Jackson would go ahead with the concert — set for London in the first half of June 2010 — on his own.

Source: mjfanclub.net

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