Gaga confirms Vegas residency

[Ken Potus 37]

7 hours ago, scallywally said:

Agree with everything you said But shes getting $400,000 per show. Everything else you said is just like i think  

hmm..... the latest news articles i read was referencing the $1mil per show figure, which i think makes sense.    They claimed they got the numbers from multiple sources.    MGM is a $30 Billion dollar company so it is not too far fetched for them to pay the $1mil figure for the branding and marketing opportunity.   And that probably goes right to her; the company will cover the production cost themselves.   Insane i know but that is how much money is floating around.   It was reported she got $1.5mil for each of her coachella shows.  

[scallywally 626]

2 hours ago, Ken Potus said:

hmm..... the latest news articles i read was referencing the $1mil per show figure, which i think makes sense.    They claimed they got the numbers from multiple sources.    MGM is a $30 Billion dollar company so it is not too far fetched for them to pay the $1mil figure for the branding and marketing opportunity.   And that probably goes right to her; the company will cover the production cost themselves.   Insane i know but that is how much money is floating around.   It was reported she got $1.5mil for each of her coachella shows.  

You realize that would be double Celine and Britney, the biggest shows in Vegas?? Shes not going to get double, they must be paying enough for it all to be built first. Its 5,200 people in a large theatre. The money coming in from tix wouldn't cover 1 mil a show. All the maths and details are on here in different threads. Each night in Vegas is nothing like being a headliner at Cochella. You know that. 

[Ken Potus 37]

1 hour ago, scallywally said:

You realize that would be double Celine and Britney, the biggest shows in Vegas?? Shes not going to get double, they must be paying enough for it all to be built first. Its 5,200 people in a large theatre. The money coming in from tix wouldn't cover 1 mil a show. All the maths and details are on here in different threads. Each night in Vegas is nothing like being a headliner at Cochella. You know that. 

Yes, we all know the number is huge; but you can say also say Gaga's recent achievements are more than double that of Celine and Britney (compare their social media follower numbers, there is no comparison).    Like i mentioned it might be MGM wanted Gaga to put their new casino on the map so looked to her signing as a marketing decision rather than try to make money selling tickets.  They will break even charging an avg $200 per ticket and that might be all they wanted.

https://www.rollingstone.com/music/news/lady-gaga-plots-las-vegas-residency-w514480

[Ken Potus 37]

5 hours ago, Ken Potus said:

Yes, we all know the number is huge; but you can say also say Gaga's recent achievements are more than double that of Celine and Britney (compare their social media follower numbers, there is no comparison).    Like i mentioned it might be MGM wanted Gaga to put their new casino on the map so looked to her signing as a marketing decision rather than try to make money selling tickets.  They will break even charging an avg $200 per ticket and that might be all they wanted.

https://www.rollingstone.com/music/news/lady-gaga-plots-las-vegas-residency-w514480

And from gaga's perspective it makes sense.  You can't make money just selling records anymore, due to digital streaming paying peanuts.  U make money touring but that is a lot of wear and tear on your body.  Vegas is the best alternative to touring, especially one that guarantees u $$ regardless of ticket sales.  And u have a set location to base from.   And I am sure she has a pregnancy clause in her contract ;).

[scallywally 626]

On ‎22‎/‎12‎/‎2017 at 7:42 AM, Ken Potus said:

Yes, we all know the number is huge; but you can say also say Gaga's recent achievements are more than double that of Celine and Britney (compare their social media follower numbers, there is no comparison).    Like i mentioned it might be MGM wanted Gaga to put their new casino on the map so looked to her signing as a marketing decision rather than try to make money selling tickets.  They will break even charging an avg $200 per ticket and that might be all they wanted.

https://www.rollingstone.com/music/news/lady-gaga-plots-las-vegas-residency-w514480

They aren't going to want to break even. OK lets say $200 a ticket and Gaga gets that as you do. Whos going to pay for the stage the band the electric the staff the promoting the aircon the insurance, security, processing tickets, contracts, lawyers, hair and make up designers dancers transport, some of the crews overheads and cover comped tickets?? 

On top of that shes done really well in the US which is amazing but shes hardly to be heard or seen overseas. Vegas is full of people from around the world. If you think her name is twice as big as Celine sad to say it but its unfortunately not the case.

Im not getting into details such as catering, licencing and companies ticket commissions. Some people on here need to get real. Gaga is not getting that much money. No need to put any spins on it. Were all fans. Its totally unviable. 

The tickets will probably be more that $200 but for her to get 1 mil a show she would either have to do 75 STADIUMS or in the MGM Park the tickets would be treble $200.

 

[Cassidyfal 758]

She will have to take little trip to LA to her her horses and fam, its only like a 3 hour drive

[ALGAYDO 32,745]

On 12/20/2017 at 3:51 PM, blackthorns said:

nevermind lmao, my dad said I could go to the residency so I stan this decision 100% great career choice, I have no criticism towards it, love the residency gaga!

OhMyGod I literally chocked on my water 

[giskardsb 12,565]

1 hour ago, scallywally said:

They aren't going to want to break even. OK lets say $200 a ticket and Gaga gets that as you do. Whos going to pay for the stage the band the electric the staff the promoting the aircon the insurance, security, processing tickets, contracts, lawyers, hair ad make up designers dancers transport, some of the crews overheads and cover comped tickets?? 

On top of that shes done really well in the US which is amazing but shes hardly to be heard or seen overseas. Vegas is full of people from around the world. If you think her name is twice as big as Celine sad to say it but its unfortunately not the case.

Im not getting into details such as catering, licencing and companies ticket commissions. Some people on here need to get real. Gaga is not getting that much money. No need to put any spins on it. Were all fans. Its totally unviable. 

The tickets will probably be more that $200 but for her to get 1 mil a show she would either have to do 75 STADIUMS or in the MGM Park the tickets would be treble $200.

 

Casinos have one primary business... Getting people staying in their hotels and gambling.  Everything else is marketing.  I'm not saying that modern casinos won't try to turn profits on their shows, but consider that most of the really high dollar VIP tickets to these shows won't even be sold, they will be given away as "comps" to high rollers.  They don't expect those dollars to be made up by other ticket sales, they expect them to be made up by high rollers leaving a few hundred thousand dollars on the crap tables.  Their hope is that the presence of Gaga will encourage gamblers to leave money in their casinos rather than competitors.

I'm sure an MGM accountant would have an exact number of the amount of money they expect an average Gaga show customer will gamble in their casino.  Even casual gamblers will mill around the casino before the show for a bit and afterwords.   They will factor that into their decision.   I don't know, or even care, whether that 1mil number per show is true, but competition for gamblers is fierce in Vegas right now and MGM certainly see's Gaga as a big draw to their property.

Everybody traveling into Vegas from anywhere will know who Lady Gaga is and her reputation.   That is what the MGM cares about.

[Ken Potus 37]

2 hours ago, scallywally said:

They aren't going to want to break even. OK lets say $200 a ticket and Gaga gets that as you do. Whos going to pay for the stage the band the electric the staff the promoting the aircon the insurance, security, processing tickets, contracts, lawyers, hair ad make up designers dancers transport, some of the crews overheads and cover comped tickets?? 

On top of that shes done really well in the US which is amazing but shes hardly to be heard or seen overseas. Vegas is full of people from around the world. If you think her name is twice as big as Celine sad to say it but its unfortunately not the case.

Im not getting into details such as catering, licencing and companies ticket commissions. Some people on here need to get real. Gaga is not getting that much money. No need to put any spins on it. Were all fans. Its totally unviable. 

The tickets will probably be more that $200 but for her to get 1 mil a show she would either have to do 75 STADIUMS or in the MGM Park the tickets would be treble $200.

 

MGM is a $30 billion dollar company so for them to pay her $1mil is really nothing in addition to absorbing the production costs.  But you are right we do not know what the terms of her contract are without seeing it.  I am only going by what the article said were two independent sources that confirmed the amount and what i may be assuming the strategy and motives of MGM are to promote their new casino.   I am also basing it on the fact that Gaga'is net worth is close to $300 mil so i did not think getting paid $400k would be motivating enough for her to do this but $1mil does move the needle for her.   But who knows.   At least the bright side is there are now ways for her fans to see her in 2018/19  even when she is not touring.  Hopefully the tickets are reasonably priced for her fans.  Peace.  

[Ken Potus 37]

1 hour ago, giskardsb said:

Casinos have one primary business... Getting people staying in their hotels and gambling.  Everything else is marketing.  I'm not saying that modern casinos won't try to turn profits on their shows, but consider that most of the really high dollar VIP tickets to these shows won't even be sold, they will be given away as "comps" to high rollers.  They don't expect those dollars to be made up by other ticket sales, they expect them to be made up by high rollers leaving a few hundred thousand dollars on the crap tables.  Their hope is that the presence of Gaga will encourage gamblers to leave money in their casinos rather than competitors.

I'm sure an MGM accountant would have an exact number of the amount of money they expect an average Gaga show customer will gamble in their casino.  Even casual gamblers will mill around the casino before the show for a bit and afterwords.   They will factor that into their decision.   I don't know, or even care, whether that 1mil number per show is true, but competition for gamblers is fierce in Vegas right now and MGM certainly see's Gaga as a big draw to their property.

Everybody traveling into Vegas from anywhere will know who Lady Gaga is and her reputation.   That is what the MGM cares about.

Good point about the VIP comps for the high rollers.

I am a fan of Gaga's not only as a performance artist but also how she has built her musical career/business  (Harvard Business school actually has a case study on her use of social media to support her fan base 10 years ago). 

The music industry earnings potential have been decimated by the music streaming online business and it is interesting how the performers are adapting to the new environment. 

[giskardsb 12,565]

39 minutes ago, Ken Potus said:

Good point about the VIP comps for the high rollers.

I am a fan of Gaga's not only as a performance artist but also how she has built her musical career/business  (Harvard Business school actually has a case study on her use of social media to support her fan base 10 years ago). 

The music industry earnings potential have been decimated by the music streaming online business and it is interesting how the performers are adapting to the new environment. 

albums are useless for revenue anymore.   Thats why the labels have turned towards 360 deals to get a cut of touring and endorsements.  If people want to blame someone for some of the loss of "purity" ( if there ever really was any) in the commercial music business, it's their own fault for deciding that music should be a free commodity. 

The real losers aren't the high dollar entertainers like Gaga... it's all the midrange artists that no longer are supported by labels.

 

[scallywally 626]

High Rollers wanting VIP tix to shows are usually tied in as regulars they tend not to move to new hotels. Esp something like a 4 star next to the NY. They aren't going to change their plans and lucky tables because Gaga's face is on the side of a building. They'll stay elsewhere and still get the VIP Gaga tix. That's not how it works. 

The majority of tickets that are booked in advance for an artist like Gaga will be younger people. Not the older high rollers thinking they'll book into a new hotel because Gagas downstairs & theyll get comped. As if haha. High rollers have nothing to do with getting an artist in a 4 star. High rollers dont stay at P.H because Britney's in the Axis. They'll be in a suite at the Venetian and click their fingers for Brit VIP. Ive sat next to them. The Parks venue you dont even need to walk through the gambling areas even for temptation. (Like the Axis). The gambling - apart from fans playing on the gaga slots in there wouldn't really come in to it. 

Might be different if it was Stevie Wonder, Bruce, The Stones, Barbara, M, Adele but Gaga wouldn't aim at the audience and the Park wouldn't be upscale enough to talk Stevie or Barbara ect into it for the budget. Shes an amazing acquired taste, we love her for it. Shes not going to turn heads of old rich millionaires that's are stuck in their ways. They'll get tix anyway. 

[Eggsy 8,280]

On 12/19/2017 at 3:48 PM, Dutch said:

Sis, she will tour again with LG6. Don't meltdown. 

I agree, why so many meltdowns? shes not even done with her tour, this Residency will be good for her break that every artist takes.. She will be stationary performing under one roof.. Will be less stressful and give her the time she needs to plan, record, and promote her next album.. This is genius.. She will have the time she needs plus give us the visuals we need to survive <3

[giskardsb 12,565]

29 minutes ago, scallywally said:

Might be different if it was Stevie Wonder, Bruce, The Stones, Barbara, M, Adele but Gaga wouldn't aim at the audience and the Park wouldn't be upscale enough to talk Stevie or Barbara ect into it for the budget. Shes an amazing acquired taste, we love her for it. Shes not going to turn heads of old rich millionaires that's are stuck in their ways. They'll get tix anyway. 

they aren't looking for old rich millionaires, they are looking to increase the amount of  young rich millionaires.

Ultimately, it doesn't matter to me one way or the other, I don't give a **** about MGM's accounting or business rationale for getting Gaga in, I'm just looking forward to seeing her show there.

You seem to have a vested interest in proving the Gaga is not making as much as the claims though.  Who cares?  If she is "only" making 400K per show its a lot more than I make in a year.  I don't know why pop fans are so obsessed with the money.

 

 

[scallywally 626]

7 minutes ago, giskardsb said:

they aren't looking for old rich millionaires, they are looking to increase the amount of  young rich millionaires.

Ultimately, it doesn't matter to me one way or the other, I don't give a **** about MGM's accounting or business rationale for getting Gaga in, I'm just looking forward to seeing her show there.

You seem to have a vested interest in proving the Gaga is not making as much as the claims though.  Who cares?  If she is "only" making 400K per show its a lot more than I make in a year.

 

I know I do look vested lol. I dont meant to, without wanting to say it I just dont want others that look on here thinking were a load of dumbo's. They will, you know they will.