independent and unofficial
Prince fan community
Welcome! Sign up or enter username and password to remember me
Forum jump
Forums > Music: Non-Prince > Not sweet music.. Live Nation feels heat as Madonna's album lags.
« Previous topic  Next topic »
Page 1 of 2 12>
  New topic   Printable     (Log in to 'subscribe' to this topic)
Author

Tweet     Share

Message
Thread started 04/19/12 6:37am

banks

avatar

Not sweet music.. Live Nation feels heat as Madonna's album lags.

Not sweet music

Live Nation feels heat as...album lags

Last Updated: 5:40 AM, April 19, 2012

Posted: 2:02 AM, April 19, 2012

Heading into the critical summer season, concert promoter Live Nation is feeling the heat following a dramatic drop in album sales for Madonna, one of its biggest headliners.

The Material Girl’s latest album, “MDNA,” fell to 15th place, selling just 19,000 copies in its third week after debuting at No. 1, with 359,000 copies in its first official week, according to Nielsen Soundscan figures.

The first-week figure was goosed by a promotion that included the album at no additional cost with the purchase of concert tickets, as well as a deal offered by Amazon that bundled the physical and digital versions of the album for $5.

The summer concert season is off toaslowstart for touring giant LiveNation with sales of Madge’s “MDNA” album sagging and interest in her world tour less than scintillating.
WireImage
The summer concert season is off toaslowstart for touring giant LiveNation with sales of Madge’s “MDNA” album sagging and interest in her world tour less than scintillating.

The sharp fall-off in album sales is a setback for Live Nation as it seeks to deliver on the $120 million deal it inked with Madonna in 2007. The so-called 360 deal — which encompasses albums, touring and merchandise — was hailed as revolutionary, but it has come back to haunt Live Nation.

Securing strong album sales is critical to moving concert tickets.

Madonna’s 66-date global tour kicks off in Tel Aviv, Israel, on May 29, and arrives in Philadelphia on Aug. 28. Her concert pricing is aggressive, with the most expensive tickets costing more than $300 a pop.

“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.”

Madonna’s website reports that four tour dates in North America are sold out.

“The word is that ticket sales have been good in North America, but the question about Europe is whether ticket prices are too high,” Gary Bongiovanni, who heads concert publication Pollstar, told The Post.

One source added that Madonna’s long-time manager and business partner, Guy Oseary, is putting pressure on Live Nation to boost ticket sales.

Live Nation’s reported cut of ticket sales is only 10 percent, while Madonna reaps the other 90 percent. Meanwhile, the concert promoter agreed to pay Madonna in the ballpark of $30 million to $40 million in cash and stock for each album as part of their deal, which includes a three-album commitment.

“MDNA” was released through Universal Music’s Interscope label under an agreement with Live Nation.

Live Nation only makes money on the album if it sells more than 15 million copies — a tough feat in today’s shrinking music business.

While Live Nation’s stock is up 3.3 percent year-to-date, it’s off 11.8 percent over the past year. The company has lost money in five of the last eight quarters while sales were down in each of the past two quarters.

Although Live Nation’s 360 deal with Madonna was done by prior management, this concert season is crucial for CEO Michael Rapino, who has been on the job since 2010 and needs to start bringing in the revenue.

catkinson@nypost.com



Read more: http://www.nypost.com/p/news/business/not_sweet_music_B9JAzGPgUF4sMDw2BMB6QP#ixzz1sUczu7zA
  - E-mail - orgNote - Report post to moderator
Reply #1 posted 04/19/12 7:09am

jeidee

Now I'm no industry insider or anything but I'd guess that if this album was not so terrible people would spend money on it. I listened to it and I'm surprised it got this far.

  - E-mail - orgNote - Report post to moderator
Reply #2 posted 04/19/12 7:41am

Musicslave

eek

Live Nation’s reported cut of ticket sales is only 10 percent, while Madonna reaps the other 90 percent. Meanwhile, the concert promoter agreed to pay Madonna in the ballpark of $30 million to $40 million in cash and stock for each album as part of their deal, which includes a three-album commitment.

Live Nation only makes money on the album if it sells more than 15 million copies — a tough feat in today’s shrinking music business.

That is one hell of a deal for Ms. Ciccone! Damn! 90%?! I know its early but unless she has a couple of massive hit singles on the record, odds are they sell 15 million not even with worldwide sales. I doubt it. I'm impressed by the deal she was able to pull off in this stage of her career. I can't believe that that is their deal. If true, somebody at LiveNation didn't know how to negotiate. lol

You don't profit from album sales unless you sale 15 Mil? That shit's cray!

eek

  - E-mail - orgNote - Report post to moderator
Reply #3 posted 04/19/12 7:59am

RodeoSchro

Musicslave said:

eek

Live Nation’s reported cut of ticket sales is only 10 percent, while Madonna reaps the other 90 percent. Meanwhile, the concert promoter agreed to pay Madonna in the ballpark of $30 million to $40 million in cash and stock for each album as part of their deal, which includes a three-album commitment.

Live Nation only makes money on the album if it sells more than 15 million copies — a tough feat in today’s shrinking music business.

That is one hell of a deal for Ms. Ciccone! Damn! 90%?! I know its early but unless she has a couple of massive hit singles on the record, odds are they sell 15 million not even with worldwide sales. I doubt it. I'm impressed by the deal she was able to pull off in this stage of her career. I can't believe that that is their deal. If true, somebody at LiveNation didn't know how to negotiate. lol

You don't profit from album sales unless you sale 15 Mil? That shit's cray!

eek

At this rate she'll be doing well to sell 1.5 million copies, let alone 15 million copies.

  - E-mail - orgNote - Report post to moderator
Reply #4 posted 04/19/12 8:14am

asg

avatar

Musicslave said:

eek

Live Nation’s reported cut of ticket sales is only 10 percent, while Madonna reaps the other 90 percent. Meanwhile, the concert promoter agreed to pay Madonna in the ballpark of $30 million to $40 million in cash and stock for each album as part of their deal, which includes a three-album commitment.

Live Nation only makes money on the album if it sells more than 15 million copies — a tough feat in today’s shrinking music business.

That is one hell of a deal for Ms. Ciccone! Damn! 90%?! I know its early but unless she has a couple of massive hit singles on the record, odds are they sell 15 million not even with worldwide sales. I doubt it. I'm impressed by the deal she was able to pull off in this stage of her career. I can't believe that that is their deal. If true, somebody at LiveNation didn't know how to negotiate. lol

You don't profit from album sales unless you sale 15 Mil? That shit's cray!

eek

The 90% is pretty much standard for the industry i am sure even prince gets 90%.Alot of the superstars get 90% but smaller act does varies alot. But with album sales so horrible the album isnt going to sell alot

[Edited 4/19/12 8:24am]

  - E-mail - orgNote - Report post to moderator
Reply #5 posted 04/19/12 8:34am

Musicslave

asg said:

Musicslave said:

eek

Live Nation’s reported cut of ticket sales is only 10 percent, while Madonna reaps the other 90 percent. Meanwhile, the concert promoter agreed to pay Madonna in the ballpark of $30 million to $40 million in cash and stock for each album as part of their deal, which includes a three-album commitment.

Live Nation only makes money on the album if it sells more than 15 million copies — a tough feat in today’s shrinking music business.

That is one hell of a deal for Ms. Ciccone! Damn! 90%?! I know its early but unless she has a couple of massive hit singles on the record, odds are they sell 15 million not even with worldwide sales. I doubt it. I'm impressed by the deal she was able to pull off in this stage of her career. I can't believe that that is their deal. If true, somebody at LiveNation didn't know how to negotiate. lol

You don't profit from album sales unless you sale 15 Mil? That shit's cray!

eek

The 90% is pretty much standard for the industry i am sure even prince gets 90%.Alot of the superstars get 90% but smaller act does varies alot. But with album sales so horrible the album isnt going to sell alot

[Edited 4/19/12 8:24am]

I guess I'm more familiar with smaller acts coughing up more from the gate. I'm just shocked that they set such a high threshold for her sell before being able to make any profit.

  - E-mail - orgNote - Report post to moderator
Reply #6 posted 04/19/12 9:10am

Graycap23

When they signed this deal I laughed.......and I'm sure Madonna did as well.

  - E-mail - orgNote - Report post to moderator
Reply #7 posted 04/19/12 9:52am

errant

avatar

Feeling the heat from who exactly?
"does my cock look fat in these jeans?"
  - E-mail - orgNote - Report post to moderator
Reply #8 posted 04/19/12 10:09am

Dewrede

avatar

woot! all the more proof the old disgusting hag should retire

  - E-mail - orgNote - Report post to moderator
Reply #9 posted 04/19/12 10:28am

asg

avatar

errant said:

Feeling the heat from who exactly?

how r those 5 cds u bought for mdna doing?

  - E-mail - orgNote - Report post to moderator
Reply #10 posted 04/19/12 10:36am

2020

avatar

All that payola for nada

The greatest live performer of our times was is and always will be Prince.

Remember there is only one destination and that place is U
All of it. Everything. Is U.
  - E-mail - orgNote - Report post to moderator
Reply #11 posted 04/19/12 10:54am

alphastreet

I love her, but the CD is weak, I haven`t played it in a week and don`t miss it though there are good songs on there too. It`s probably my least favourite of hers.

  - E-mail - orgNote - Report post to moderator
Reply #12 posted 04/19/12 10:56am

MidniteMagnet

avatar

She knows how to make bank!

"Keep in mind that I'm an artist...and I'm sensitive about my shit."--E. Badu
  - E-mail - orgNote - Report post to moderator
Reply #13 posted 04/19/12 11:05am

Musicslave

MidniteMagnet said:

She knows how to make bank!

Yup nod She should be fine on the touring end of the deal like most acts but I think LN better get ready for a loss. I mean who sets themselves up for failure like that? 15 Million? Adele hasn't quite went diamond yet and she had one of the best selling albums last year (if not the best).

This deal kind of reminds me of L.A. Reid's 100 million deal he had with Whitney past her prime. Bad move LN. Bad move disbelief

  - E-mail - orgNote - Report post to moderator
Reply #14 posted 04/19/12 11:27am

MidniteMagnet

avatar

alphastreet said:

I love her, but the CD is weak, I haven`t played it in a week and don`t miss it though there are good songs on there too. It`s probably my least favourite of hers.

I hate to say it, but I agree too. There's something missing and I can't figure it out. Maybe if they kept it at a concise 13 tracks or something it would flow better. I don't think it's bad...it's just kinda generic. Addicted is still my fav.

"Keep in mind that I'm an artist...and I'm sensitive about my shit."--E. Badu
  - E-mail - orgNote - Report post to moderator
Reply #15 posted 04/19/12 1:08pm

go2theMax

avatar

The queen must be loving that throne right now!!

Sources tell PerezHilton.com EXCLUSIVELY that Madonna‘s upcoming tour has sold over $250 million in ADVANCE ticket sales!!! Wowza!!

And get ready, Madgestic Kingdom, because sources also tell us there are MANY new dates in the works!!!!

If you live in South America, she’s gonna be spending a lot more time with you than you think!! And if you’re an Aussie lad or lass, keep your fingers crossed all of these negotiations go well, because she could be giving you some extra’ luv too!!

Hmm… we bet those VIP packages are really helping boost the sales! This tour is EASILY going to be beat her Sticky & Sweet tour. Easily.

We know we can’t wait to see this MADGIC!!! It’s going to be EPIC!!!

Source : Perez Hilton

  - E-mail - orgNote - Report post to moderator
Reply #16 posted 04/19/12 1:15pm

lastdecember

avatar

banks said:

Not sweet music

Live Nation feels heat as...album lags

Last Updated: 5:40 AM, April 19, 2012

Posted: 2:02 AM, April 19, 2012

Heading into the critical summer season, concert promoter Live Nation is feeling the heat following a dramatic drop in album sales for Madonna, one of its biggest headliners.

The Material Girl’s latest album, “MDNA,” fell to 15th place, selling just 19,000 copies in its third week after debuting at No. 1, with 359,000 copies in its first official week, according to Nielsen Soundscan figures.

The first-week figure was goosed by a promotion that included the album at no additional cost with the purchase of concert tickets, as well as a deal offered by Amazon that bundled the physical and digital versions of the album for $5.

The summer concert season is off toaslowstart for touring giant LiveNation with sales of Madge’s “MDNA” album sagging and interest in her world tour less than scintillating.
WireImage
The summer concert season is off toaslowstart for touring giant LiveNation with sales of Madge’s “MDNA” album sagging and interest in her world tour less than scintillating.

The sharp fall-off in album sales is a setback for Live Nation as it seeks to deliver on the $120 million deal it inked with Madonna in 2007. The so-called 360 deal — which encompasses albums, touring and merchandise — was hailed as revolutionary, but it has come back to haunt Live Nation.

Securing strong album sales is critical to moving concert tickets.

Madonna’s 66-date global tour kicks off in Tel Aviv, Israel, on May 29, and arrives in Philadelphia on Aug. 28. Her concert pricing is aggressive, with the most expensive tickets costing more than $300 a pop.

“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.”

Madonna’s website reports that four tour dates in North America are sold out.

“The word is that ticket sales have been good in North America, but the question about Europe is whether ticket prices are too high,” Gary Bongiovanni, who heads concert publication Pollstar, told The Post.

One source added that Madonna’s long-time manager and business partner, Guy Oseary, is putting pressure on Live Nation to boost ticket sales.

Live Nation’s reported cut of ticket sales is only 10 percent, while Madonna reaps the other 90 percent. Meanwhile, the concert promoter agreed to pay Madonna in the ballpark of $30 million to $40 million in cash and stock for each album as part of their deal, which includes a three-album commitment.

“MDNA” was released through Universal Music’s Interscope label under an agreement with Live Nation.

Live Nation only makes money on the album if it sells more than 15 million copies — a tough feat in today’s shrinking music business.

While Live Nation’s stock is up 3.3 percent year-to-date, it’s off 11.8 percent over the past year. The company has lost money in five of the last eight quarters while sales were down in each of the past two quarters.

Although Live Nation’s 360 deal with Madonna was done by prior management, this concert season is crucial for CEO Michael Rapino, who has been on the job since 2010 and needs to start bringing in the revenue.

catkinson@nypost.com



Read more: http://www.nypost.com/p/news/business/not_sweet_music_B9JAzGPgUF4sMDw2BMB6QP#ixzz1sUczu7zA

her tour is making them plenty of money, they are getting paid, now i know there are alot of other acts that live nation is bank rolling that are not delivering ticket sales.


"We went where our music was appreciated, and that was everywhere but the USA, we knew we had fans, but there is only so much of the world you can play at once" Magne F
  - E-mail - orgNote - Report post to moderator
Reply #17 posted 04/19/12 2:08pm

Doalwa

Well, she was probably just aiming for being Nr.1 at the bank anyway..so far, it seems she did a pretty good job biggrin

I can't stand her music, apart from her material from the 80's and early 90's, but you gotta hand it to her..she's a smart business woman!

  - E-mail - orgNote - Report post to moderator
Reply #18 posted 04/19/12 4:45pm

ABeautifulOne

avatar

I think it's funny how articles like this for legends always pop up when sales lag as if album sales really matter all that much in an industry where you're lucky to go gold.

  - E-mail - orgNote - Report post to moderator
Reply #19 posted 04/19/12 11:13pm

Timmy84

Madonna's about gold. I doubt that Live Nation thought she was gonna easily sell five million especially with the music presented on the album. If you do the type of pop music Madonna does, expect gold or platinum and nothing above it. Also the promotion's loopy as fuck. But other than that, I think she only signed the contract for the tour and in that regard, she's doing well there regardless if her album flops or not.

EDIT: That being said, I had to skip on purchasing it because she had Nicki (and M.I.A.) on two tracks each, who does that? lol

[Edited 4/19/12 23:18pm]

  - E-mail - orgNote - Report post to moderator
Reply #20 posted 04/19/12 11:23pm

lazycrockett

avatar

While I im the first one to admit I hate her and her music, shes always been a smart business person. She will make coin but LN thinking anyone is selling 15 million is a huge red herring to me.

This whole article doesnt pass the smell test.

The Most Important Thing In Life Is Sincerity....Once You Can Fake That, You Can Fake Anything.
  - E-mail - orgNote - Report post to moderator
Reply #21 posted 04/19/12 11:23pm

nd33

asg said:

Musicslave said:

eek

Live Nation’s reported cut of ticket sales is only 10 percent, while Madonna reaps the other 90 percent. Meanwhile, the concert promoter agreed to pay Madonna in the ballpark of $30 million to $40 million in cash and stock for each album as part of their deal, which includes a three-album commitment.

Live Nation only makes money on the album if it sells more than 15 million copies — a tough feat in today’s shrinking music business.

That is one hell of a deal for Ms. Ciccone! Damn! 90%?! I know its early but unless she has a couple of massive hit singles on the record, odds are they sell 15 million not even with worldwide sales. I doubt it. I'm impressed by the deal she was able to pull off in this stage of her career. I can't believe that that is their deal. If true, somebody at LiveNation didn't know how to negotiate. lol

You don't profit from album sales unless you sale 15 Mil? That shit's cray!

eek

The 90% is pretty much standard for the industry i am sure even prince gets 90%.Alot of the superstars get 90% but smaller act does varies alot. But with album sales so horrible the album isnt going to sell alot

[Edited 4/19/12 8:24am]

Edit.

Misread.

[Edited 4/19/12 23:25pm]

Still, I'd be very surprised if 90% is the norm for big name touring artists.

Are you in the industry?

[Edited 4/19/12 23:26pm]

Music, sweet music, I wish I could caress and...kiss, kiss...
  - E-mail - orgNote - Report post to moderator
Reply #22 posted 04/19/12 11:33pm

Timmy84

lazycrockett said:

While I im the first one to admit I hate her and her music, shes always been a smart business person. She will make coin but LN thinking anyone is selling 15 million is a huge red herring to me.

This whole article doesnt pass the smell test.

Most articles today only post half-truth shit anyways. Madonna like 30 years deep. But yet if some other artist was doing about 390-400K after a first week sales boost, they be saying how deep of a success it is and how it'll be bigger if "sales weren't at a slump". Uh...no. lol

  - E-mail - orgNote - Report post to moderator
Reply #23 posted 04/19/12 11:44pm

lazycrockett

avatar

^ True when Prissypants and Tittylady were going to make 10000000000 of coin from their newly signed contracts. smile

Didn't happen now did it.

The Most Important Thing In Life Is Sincerity....Once You Can Fake That, You Can Fake Anything.
  - E-mail - orgNote - Report post to moderator
Reply #24 posted 04/19/12 11:46pm

Timmy84

lazycrockett said:

^ True when Prissypants and Tittylady were going to make 10000000000 of coin from their newly signed contracts. smile

Didn't happen now did it.

Those contracts with those dollar signs are just blinding... I wonder if they did make bank on them. neutral

  - E-mail - orgNote - Report post to moderator
Reply #25 posted 04/20/12 1:56am

rlittler81

avatar

She's selling out stadiums and arenas around the world nearly 30 years after her first album was released.

Her album got to number 1 and broke several records around the world.

More people watched her half time show than the actual game.

You're right. She's dying on her arse right now.

3121... Don't U Wanna Come?
  - E-mail - orgNote - Report post to moderator
Reply #26 posted 04/20/12 2:52am

mancabdriver

This article is making a mountain out of a molehill.

The album is doing better than most out there. Even if it's doing bad then predicted what did they expect releasing that piece of turd lead single? They should be happy it reached the top ten let alone sell millions.

The first Madonna lead single that had zilch radio and video airplay. Feels stange, but well deserved.

  - E-mail - orgNote - Report post to moderator
Reply #27 posted 04/20/12 4:21am

SoulAlive

This is such a silly,misleading article lol LiveNation obviously knows that a new Madonna album isn't gonna sell 15 million copies.NOBODY sells 15 million copies in this day and age,and certainly not an artist who's been around since 1983.They knew this when they signed her.We're not in the 80s or the 90s anymore.Gold has become the new "platinum",lol.I don't think LiveNation were expecting 'MDNA' to sell like her 80s albums.Record sales don't matter for Madonna,anyway.Her last album Hard Candy wasn't a massive seller and yet the tour grossed over $400 million.That's where the focus should be.She knows this,which is why she's not doing any real promotion for the album.There's no point.

Something else: it's extremely difficult for an older artist to get their singles played on the radio.When was the last time Prince,The Rolling Stones,Bruce Springsteen,Cyndi Lauper,etc came anywhere close to the Top 10 on the singles chart? Madonna's last four albums each had one Top 10 single,but that shouldn't really be the focus anymore.They should focus on the worldwide sales of the album and accept the fact that,unfortunately,ageism will prevent radio from embracing the singles.

  - E-mail - orgNote - Report post to moderator
Reply #28 posted 04/20/12 4:28am

SoulAlive

mancabdriver said:

Even if it's doing bad then predicted what did they expect releasing that piece of turd lead single? They should be happy it reached the top ten let alone sell millions.

The first Madonna lead single that had zilch radio and video airplay. Feels stange, but well deserved.

It really doesn't matter what Madonna releases as a single.She is 53 years old,she's gonna face an uphill battle getting radio to play it.If Katy Perry had recorded 'Give Me All Your Luvin',it would have went to Number One.

  - E-mail - orgNote - Report post to moderator
Reply #29 posted 04/20/12 4:49am

mancabdriver

SoulAlive said:

mancabdriver said:

Even if it's doing bad then predicted what did they expect releasing that piece of turd lead single? They should be happy it reached the top ten let alone sell millions.

The first Madonna lead single that had zilch radio and video airplay. Feels stange, but well deserved.

It really doesn't matter what Madonna releases as a single.She is 53 years old,she's gonna face an uphill battle getting radio to play it.If Katy Perry had recorded 'Give Me All Your Luvin',it would have went to Number One.

I'm not too sure about that! It only got in the top 10 because it was a Madonna song in the first place.

But if this song was released by a little known singer - it would go nowhere. The song is weak as hell and pretty embarrassing - terrible vocal delivery from Madonna and weak rap verses from Nicki and MIA.

Forget Madonna's age - the song has no place in the top 10 let alone #1. If she released 'open your heart' today and it wasn't getting anywhere on the charts - then it could be suggested her age is a contributory factor to it not being a hit.

It’s really a sad state of affairs when amazing contemporary artists like Common and legends like Rick James who produced some of the greatest songs of all time have never managed a solo #10 single yet people are crying that the worst song by Madonna didn’t chart better?

The discussion should be turned on its head and we should be asking –Did this ridiculous song make the top ten because it was Madonna’s name that sold it alone?

  - E-mail - orgNote - Report post to moderator
Page 1 of 2 12>
  New topic   Printable     (Log in to 'subscribe' to this topic)
« Previous topic  Next topic »
Forums > Music: Non-Prince > Not sweet music.. Live Nation feels heat as Madonna's album lags.