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Friday, 15 February 2013

Lady Gaga’s tour cancellation cost $25 million

Lady Gaga’s tour cancellation cost $25 million

GagaTourCancellation

Yesterday we told you guys that Lady Gaga had to cancel the North American leg of her tour due to her hip injury (and subsequent surgery and heal-time). Gaga wrote to her followers saying, “I’ve been hiding this injury and pain from my staff for a month, praying it would heal, but after last night’s performance I could not work.” But what does this mean on the business end of things for Gaga? The fine folks at Billboard broke it down saying, “In total, 22 shows were cancelled, forcing the refund of roughly 200,000 tickets worth approximately $25 million in gross ticket sales… The North American leg, which was to wrap the tour and was almost completely sold out, would have likely put the tour at more than $200 million gross, easily in the top 20 tours of all time and probably in the top 15. As it stands, Gaga finished sixth among all touring artists in 2012, with a gross of $125 million and attendance of more than 1.1 million, according to Boxscore.”

$25 million dollars in ticket sales!? That’s a lot of money for the Mother Monster. Billboard quoted Live Nation Global Touring chairman Arthur Fogel who called the cancellation “a tremendous disappointment for her, for her fans, for all of the people in the touring party— the crew, the staff, the band, the performers, the dancers— and for my team.” So sad! We bet Lady Gaga would have preferred to have danced for her little monsters instead of getting surgery and disappointing fans.

Watch Lady Gaga’s hit video for Marry The Night here and tell us if you had tickets to any of her cancelled shows in the comments section!

[videoembed2 clipid=578026]

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Full article at: Celebrity Gossip

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