Russian company sues US firm over Lady Gaga concert

Moscow, Jan 30 (IANS/RIA Novosti) Russian media holding company UTV, which owns Muz-TV channel, has filed a $1.8 million lawsuit with a Miami court, claiming losses from US-based New Wave Entertainment over a cancelled Moscow concert by popular singer Lady Gaga.

UTV claims it attempted to book the popular American singer through Miami-based New Wave Entertainment to perform at the Muz-TV awards ceremony in June 2011.
“The Russian side paid the necessary reservation deposit but the Americans could not guarantee the concert on the date for the channel,” Muz-TV said in a statement.
New Wave Entertainment claimed it had connections to Lada Gaga to organize the tour but failed to secure the singer’s performance in Moscow, despite receiving a $1.5 million advance and $300,000 in agency fees.
“As a result, ZAO TV Service has applied to a court in Florida, USA, with a lawsuit against the agent company to return the insurance deposit and compensate for losses suffered by the TV channel,” Muz-TV said.
New Wave Entertainment has so far refused to return the funds.
–IANS/RIA Novosti