Britney went on tour to avoid $100m loss: Book
By ANISunday, August 30, 2009
LONDON - Britney Spears was forced to hit the road just months after a public breakdown because she faced financial ruin, says the author of a new book.
Best-selling author and journalist Steven Dennis claims in a new book, ‘Britney: Inside The Dream’, that she stood to lose as much as 100 million dollars if she failed to honor the tour commitments that she made prior to her meltdown.
Dennis spent six months writing and researching the book, reports the Daily Express.
Robert Baker, the studio director at the Millenium Dance Complex where Britney regularly trains, told him: “If Britney didn’t go on tour she could have been hit for 100 million dollars because she was contractually obliged for another album and another tour and there was a deadline.
“The whole contract was set up and a timetable was in place before Britney had her meltdown.
“Had she quit and walked away then the recouped advances, penalties and accrued interest would have been near the 100-million-dollar mark - for someone estimated to be worth just 60 million dollars to 65 million dollars.”
Since announcing her world tour, critics have voiced their concerns that Britney was taking part in a gruelling nine-month world tour at a time when she remained mentally vulnerable.
Legally, she has been under the control of her father since February because of her mental problems.
Dennis adds, however: “I think the chief reason behind her tour was to protect Britney - firstly, to return her to an identity and routine in which she felt safe and secondly to safeguard her financially.” (ANI)