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Home»Entertainment News»Jennifer Lopez’s $90M Vegas Residency Deal At Threat As Album And Tour Flop
Entertainment News

Jennifer Lopez’s $90M Vegas Residency Deal At Threat As Album And Tour Flop

DaneBy DaneMay 29, 2024No Comments5 Mins Read
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Jennifer Lopez’s M Vegas Residency Deal At Threat As Album And Tour Flop
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Jennifer Lopez‘s $90 million Las Vegas residency deal is in jeopardy because of poor gross sales of her new album, “That is Me … Now,” and her upcoming tour. MGM, initially providing $1 million per present, is reportedly now contemplating decreasing the provide to $600,000-$650,000 per present.

Considerations are additionally rising about Lopez’s capacity to attract massive crowds. In the meantime, the singer’s marriage to actor Ben Affleck is reportedly strained, with the couple residing individually and never celebrating Mom’s Day collectively.

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Jennifer Lopez’s $90 Million Las Vegas Residency Deal At Threat Of Falling Via

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Based on the New York Publish, the $90 million Las Vegas residency deal Lopez was lately negotiating seems to be on shaky floor as a result of disappointing efficiency of her new album and tour.

Beforehand, a February 2 report from The Mirror claimed that MGM had partnered with Dwell Nation to supply the “Let’s Get Loud” singer greater than $800,000 per present.

Based on one other supply, rival on line casino Resorts World then elevated the bid to $875,000 per present in collaboration with Anschutz Leisure Group (AEG). MGM and Dwell Nation subsequently made a $1 million-per-show provide for the singer for 90 performances beginning subsequent yr.

Nonetheless, an insider indicated that on line casino executives have turn into cautious of the settlement and now have purchaser’s regret.

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“MGM is watching her not doing effectively on the street. They’re very nervous,” the insider defined. “It is fairly uncommon you may have a poor tour after which go to Vegas.”

Given the present circumstances, the insider shared that Lopez may even see her potential $90 million deal considerably lowered, including {that a} Lopez residency would possibly now command simply $600,000 to $650,000 per present with fewer performances.

One other supply acquainted with the MGM negotiations confirmed that no deal has been signed, although discussions are ongoing.

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Jennifer Lopez’s Star Energy Questioned Amid Low Ticket Gross sales

Jennifer Lopez
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Lopez’s newest album, “That is Me … Now,” has turn into the worst-selling of her profession. Ticket gross sales for her upcoming live performance tour, which begins subsequent month, are additionally disappointing.

Per the insider, the poor ticket gross sales have left MGM executives reportedly involved about Lopez’s declining star energy and her capacity to fill the 5,200-seat Park Theater, given the numerous monetary dedication concerned.

The supply indicated that the Bronx-born star is struggling to promote out the 19,500-seat T-Cellular Enviornment in Las Vegas for her July 20 tour cease, with a 3rd of the high-priced flooring tickets and lots of cheaper choices — some as little as $65 — nonetheless accessible, in line with Ticketmaster.

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Moreover, Selection reported that seven tour dates in cities like Atlanta, New Orleans, and Houston have been canceled this summer season, elevating considerations concerning the viability of the residency.

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The Singer’s 2016 – 2018 Residency Grossed $101.9 Million

Jennifer Lopez 2020 Film Independent Spirit Awards held at the Santa Monica Beach on February 8, 2020 in Santa Monica, CA.
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Traditionally, Lopez has been a powerful draw for casinos. Caesars beforehand assured the “Executed Once more” hitmaker round $500,000 per present for her Planet Hollywood residency, which spanned 120 exhibits between 2016 and 2018.

Based on Billboard, the residency grossed $101.9 million, making it the sixth highest-grossing Las Vegas residency of all time and the highest residency by a Latin artist.

Lopez’s poor ticket comes after speculations that her high-profile marriage to Ben Affleck is going through difficulties. The couple has seldom been seen collectively in current weeks, and Affleck didn’t attend the premiere of his spouse’s new movie “Atlas,” which debuted on Netflix.

Whereas the 54-year-old walked the purple carpet to rejoice her movie “Atlas,” which she stars in and co-produced, Affleck was busy filming “The Accountant 2.” He was photographed on the movie’s set in Los Angeles on Might 20.

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Jennifer Lopez And Ben Affleck Reportedly Taking Time To Determine What ‘Every Different Desires’

Jennifer Lopez and husband Ben Affleck arrive at the World Premiere Of Amazon Studios' 'Air'
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Moreover, a number of sources have instructed Individuals journal that Affleck and Lopez reside individually whereas each are in Los Angeles. An insider talked about that they “didn’t rejoice Mom’s Day collectively.”

Relating to the pressure on their relationship, a supply instructed the information outlet, “They simply have very completely different approaches in relation to media consideration. Ben hates all consideration and it makes him very uncomfortable. Jennifer has all the time had a unique method.”

Regardless of the rumors, the well-known couple has stayed silent, however an Leisure Tonight supply stated, “Jen and Ben’s relationship just isn’t over but, however the rigidity has been excessive.”

They added, “They’re taking a second to determine what every of them goes by and desires. Each of them have been very down.”

The Singer Is In The Finest Form ‘She’s Ever Been’ Amid The Cut up Rumors

Jennifer Lopez Leaves A Fitness Studio
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Amid the quite a few divorce rumors, Lopez is preserving in prime form. The singer’s health trainers lately opened up about her intense exercise routine, noting that Lopez is in the most effective form “she’s ever been.”

The Bronx native has been displaying off her toned physique whereas selling her sci-fi thriller, “Atlas.” She lately appeared in skimpy outfits in Los Angeles and Mexico, which highlighted her gorgeous determine.

Her trainers, Dodd Romero, and Tracy Anderson, spoke to UsWeekly about how Lopez maintains her spectacular form. Romero highlighted her dedication: “Jennifer’s in higher form now than she’s ever been. She’s robust [and] actually would not ever complain about something. Wherever I inform her to go, she’ll go.”

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