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Prince's Reported Coachella Price: $4.8 Million

April 11, 2008 12:20 PM ET

To headline Saturday night of Coachella, Prince reportedly commanded a royal fee: $4.8 million. That's even more than what Middle Eastern countries give Michael Jackson to show up. "Prince was a late, late addition to the line-up," a source tells Perez Hilton. "The promoters added him to try and sell more tickets and make up for a less than stellar — in comparison to years past — roster of performers." The expensive acquisition paid off, as tickets for Saturday sold out less than twenty-four hours after the announcement. The Coachella performance will be the Purple Rain star's first visit to the nine-year-old event in Indio, California.

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