Monday, January 30, 2012

BusinessRussia's UTV Sues U.S. Firm for cancelled Lady Gaga



Russian media holding UTV, sues U.S.-based New Wave Entertainment for $1.8 million because Lady Gaga's concert was cancelled.

Muz-TV said in a statement, "ZAO TV Service (Muz-TV) and the American NWE Talent Agency & Management Company reached agreement that the U.S. side would organize the arrival and concert by Lady Gaga in Moscow at the Muz-TV awards ceremony in June 2012. The Russian side paid the necessary reservation deposit but the Americans could not guarantee the concert on the date for the channel."

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