Post on Madge tour, LN

THINGS COULD BE WORSE FOR RAPINO & CO.: In this morning’s N.Y. Post, Claire Atkinson writes that Live Nation is feeling the heat following the sharp fall-off in album sales for Madonna’s MDNA, as the concert power seeks to deliver on the $120 million deal it inked with Madonna in 2007. Madonna’s 66-date global tour kicks off in Tel Aviv, on May 29. “Sales were brisk for the first few days and then they tapered off,” said a source close to the tour. “It doesn’t mean she won’t sell out, but it may take longer than they expected.” Said Pollstar’s Gary Bongiovanni, “The word is that ticket sales have been good in North America, but the question about Europe is whether ticket prices are too high.” Another source added that manager/business partner Guy Oseary is putting pressure on Live Nation to boost ticket sales. LN’s reported cut of ticket sales is only 10%, while Madonna reaps the other 90%. What Atkinson doesn’t mention is that LN already made a $30 million deal with IGA for the three albums, and the company expects the tour to be super-strong. (4/19a)

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Post on Madge tour, LN

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