Recently, US promoters and a Russian Media Company have bumped heads in court. It seems that there is a dilemma as to who should pay for a failed Lady Gaga show in Moscow. According to Russian UTV Media Company, there was a loss of $1.8 million over Lady Gaga’s cancelled show in which they believe New Wave Entertainment is responsible.
However, New Wave Entertainment objects to the allegations and has entered a counter claim that claims the Russian Company breached the terms of the contract, but that’s not all. UTV has went too far as to directly going to the pop star’s producers, something that many have gasped at. So in return the US promoters have refused to compensate for losses and failed to return the insurance deposit.
Lady Gaga was set to perform in Moscow for the MUZ-TV awards ceremony in June 2011 via UTV signing New Entertainment to book the American artist, but when the show was cancelled there was a loss of $1.8 million. The Russian Media Company insists that the show failed to be organized on the requested date that led up to the apparent loss, because of New Wave Entertainment, even though the American promoters received an advance payment of $1.5 million, along with $300,000 for agency fee.
Source: RT
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