4:57 pm - 02/15/2013

Gaga's Tour Cancellation Will Cost Her Millions ... And She's Not The Only One

The first estimates of the financial impact Lady Gaga is likely to feel after canceling all remaining dates on her Born This Way Ball Tour are in, and the numbers are ghastly.

Billboard reports that approximately $25 million in ticket sales alone will have to be refunded. The singer had sold about 200,000 tickets for the remainder of the tour, which was scrapped after Gaga revealed a hip injury which rendered her unable to walk and will require surgery.

That said, the "Bad Romance" singer already stacked a good amount of pennies. From Billboard:

Through Jan. 17, the “BTWB” tour had grossed $168.2 million and moved 1.6 million tickets to 85 shows, according to Billboard Boxscore, with Asia, Europe, and South American legs already completed in 2012. 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.

Artists cancel tours with some regularity, but it's rare to see a popstar of Gaga's caliber have to walk away from such a massive operation. The Civil Wars abruptly canceled their entire tour, offering "internal discord" as justification. But a stadium tour like Gaga's employs well over 100 crew members, not to mention the impact the development will have on both local support staff and top-level partners like Live Nation.

An expert tells MTV that Live Nation will probably suffer the most, as the event company pays huge upfront costs for development that it hopes to recoup over the course of the tour. Though rumors of soft ticket sales have plagued Gaga for some time now, it is not believed that such concerns figured into the decision to scrap the tour.

Despite canceling the tour, Gaga made good on a promise to visit terminally ill 5-year-old fan Kayleigh Gurbynski in Chicago. (go to the source to see the pics)

"After additional tests this morning to review the severity of the issue, it has been determined that Lady Gaga has a labral tear of the right hip," a statement on Gaga's official website read. "She will need surgery to repair the problem, followed by strict down time to recover. This unfortunately, will force her to cancel the tour, so she can heal."

principino 15th-Feb-2013 10:03 pm (UTC)
Though rumors of soft ticket sales have plagued Gaga for some time now, it is not believed that such concerns figured into the decision to scrap the tour.

Anybody interested in a bridge? It's between Brooklyn and Manhattan. Priced to sell.
butt_or_skotch 15th-Feb-2013 10:14 pm (UTC)
Yeah, that's beyond reaching. Faking an injury and undergoing surgery just to get out of a tour is a bit over the top. Even for Gaga.
principino 15th-Feb-2013 10:20 pm (UTC)
It's also a damn big coincidence that the press about her abandoned shows and the 4-for-1 giveaways was crescendoing at the time of this cancellation
butt_or_skotch 15th-Feb-2013 10:44 pm (UTC)
The lack of ticket sales probably made it a lot easier to come to the decision to cancel the tour, but it seems so crazy for her team to come up with this injury/surgery bit just to cancel the tour.
liddlebins 20th-Feb-2013 09:03 pm (UTC)
she would never bend under such criticism, ever

she has way too much pride and loves performing more than anything. she just would never
vanishingbee 15th-Feb-2013 11:00 pm (UTC)
The ticket sales in America & Canada were fine, it was ONLY South America that didn't sell well.
maidenhell 15th-Feb-2013 11:15 pm (UTC)
Holy shit...4 for 1?! Damn.
hahahey 15th-Feb-2013 10:17 pm (UTC)
so many people believed it in the last post though
principino 15th-Feb-2013 10:21 pm (UTC)
Another funny thing: Her insurance will kick in and cover any losses because this is a medical condition. This was absolutely calculated.
hahahey 15th-Feb-2013 10:38 pm (UTC)
if she's lying I bet the company would find out. they wouldn't be dumb enough to just take her word for it, I think they'd talk to her doctor and stuff considering all the money she's losing out on. But I don't think her tour's doing that bad anyways, the post said it was almost sold out in north america
cathaea 16th-Feb-2013 03:11 am (UTC)
As other people have stated, the North American tour was actually the best-selling of all the segments of this tour so it wouldn't make sense to cancel the dates that are actually bringing in the most money. Plus, her tour insurance is going to be ridiculous in the future as a result of this injury.
teamdowney 16th-Feb-2013 06:11 am (UTC)
This page was loaded Jul 26th 2014, 1:04 am GMT.