Jacko could rake in $50m from concerts

NASHVILLE, Tennessee: Michael Jackson could take home more than $50 million from his much-anticipated 50-show stand at London's O2 Arena, his first shows in 12 years, according to Billboard calculations.

The concert series begins July 8, and the so-called "King of Pop" has been busy rehearsing at a soundstage in Burbank, California, for the past four weeks.

Tickets average about $115 and capacity will be about 15,000 per show, taking the gross for the run to about $90 million. Premium and VIP packages and secondary market sales will boost the gross to more than $100 million. Merchandise sales could bring in another $15 million.