Fogel says the 29 shows that are on sale in North America have already grossed $26 million in ticket sales, which averages out to a healthy nightly take of nearly $900,000 per-show. Referring to published reports that Gaga's June show at the Marcus Amphitheater in Milwaukee was "flopping," Fogel says, "When something like Milwaukee specifically comes up, that show has sold 14,264 tickets, the gross is $961,000, and it's at the end of June. I just don't know how this shit gets any traction without people doing their homework."
As to reports that Live Nation, a publicly traded company, has lost $30 million on Gaga's tour, Fogel laughs. "Just a complete fool would say something like that," he says, "and it could only come from somebody who has an agenda, because it makes absolutely no sense, on any level."
If a tour was losing that kind of money, or even much less, most likely the promoter would take action. "Forget $30 million, if it were actually true, you'd say 'pull the plug,'" says Fogel, a veteran promoter who has steered many of the highest grossing tours in history, including mega-tours by the likes of U2 and Madonna.
Whatever the performance of Lady Gaga's latest album "ARTPOP," the artist has, earlier in her career than most, built a reputation as a compelling live act, which creates a dynamic apart from an album's success, or lack thereof. Gaga's previous two tours were unqualified blockbusters, with both Monster's Ball in 2010-11 and Born This Way Ball in 2012 each finishing among the highest-grossing tours of the year on Billboard's Boxscore chart.