American singer Madonna’s recently released album has now been considered as a commercial flop. In the first week the album sold just 359,000 copies and only 19,000 in the third. In the initial days the album sold well but then the drop started when it was being offered free with the ticket purchase.
The most expensive tickets sold up to $300, which is a massive cost in this economy. However considering the current situation it does not mean that the album might not get sold but will take bit longer than they expected.
Arthur Fogel, the tour producer denied the claims. The statistics have indicated that the overall deal is not in the red line since the singer’s 2008-2009 Sticky and Sweet tour was the first under the 360 agreement after which it grossed $408 million.
So Madonna’s tour business is healthy too and is the biggest component of the deal. Fogel said, “This tour is completely on track to end up in the top 10 tours of all time, especially considering we haven’t put South America or Australia on sale”. Overall, it is argued that just because the tour is not totally sold out it does not mean that it is not going to work out.