Russian company sues US firm over Lady Gaga concert

Jan 31, 2012, 09:55 IST | 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.

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.

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