Pop superstar MICHAEL JACKSON is reportedly set to announce plans for a one-month residency in London, netting him a whopping $30 million (GBP15 million) for the series of gigs.

The Thriller singer - who is currently working on a new album with the likes of rapper/producer will.i.am - was last month (Dec07) said to be poised to return to the U.K. for his live comeback with a tour to rival soul star Prince, who played 21 dates in the British capital last summer (07). And new reports claim Jackson will play 30 dates at London's O2 Arena later this year (08) - earning $1 million (GBP500,000) a night - more on this story

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