Saturday, January 15, 2011

Lady GaGa 'to earn $100m in 2011'

Lady GaGa could earn more than $100m (£63m) by the end of the year, according to Forbes.

The financial publication says that GaGa's current tour could help her pass the $100m mark in 2011. Her tour grossed $133m in 2010.

The popstar plays to crowds of 14,000 on average and makes close to $2m gross per show. She nets nearly $800,000 a gig after security costs, promoter fees and other expenses.

The 'Poker Face' singer is scheduled to play 41 more concerts in large venues, which could earn her about $33m.

GaGa's next LP Born This Way arrives in stores this June. Album sales combined with another tour to support the record, merchandise sales and appearances would be enough to make her the year’s top-earning musician.

"We’re only seeing the beginning," said entertainment attorney Bernie Resnick, adding that GaGa is "just hitting her stride artistically and commercially now".