The chairman of Live Nation's Global Touring division came out and said that reports that ticket sales for Lady Gaga's artRave: the ARTPOP Ball tour are struggling are "ridiculous." Live Nation are the producers of the tour.
Ticket sales for North America and Europe are at 80% capacity sold, even though the tour doesn't start in America until May and Europe in the fall.
Live Nation also plans to announce an additional six Gaga shows in North America in the next few weeks, as well as more dates in the U.K.
29 shows that are on sale in North America have already grossed $26 million in ticket sales, which averages out to almost $900,000 per-show.
As to reports that Live Nation has lost $30 million on Gaga's tour, chairman Arthur Fogel said: "Just a complete fool would say something like that and it could only come from somebody who has an agenda, because it makes absolutely no sense, on any level. Forget $30 million, if it were actually true, you'd say 'pull the plug.'.”