Her love comes at a price.
Jennifer Lopez canceled her “This Is Me…Live” tour amid marital troubles with Ben Affleck, but she kept some of her $10 million contract. A source told NewsNation’s Paula Frohlich:.
During the pandemic, Live Nation changed its policy and now says that “if a tour is canceled due to poor ticket sales, artists will receive 25% of their deposit.” According to the memo obtained by Rolling Stone magazine: So if the pop star received a $10 million advance, she would take home a whopping $2.5 million.
But a source close to Lopez told Froehlich that the songstress didn’t have the cash on hand.
“The tour was underway and people needed to be paid,” a source told NewsNation. “It’s not easy (or cheap) to break up a tour.
“People have already been paid. All the money is being held in escrow and the bank is paying vendors, dancers and so on, and also going towards severance for work they’re not going to be doing. The other money will stay (in escrow) until the (next) tour. And then there’s the next tour. And everyone who worked on this tour will be rehired on the next tour.”
May 31st, Live Nation announces The tour, which was due to begin on June 26, has been canceled, with the singer saying she is “taking time off to be with her children, family and close friends.”
But the reason for the cancellation Poor ticket sales And then, of course, the trouble with Affleck.
Lopez, 54, A statement was issued On the same day the cancellation of the show was announced, a fan commented, “We are truly heartbroken and devastated to have let everyone down. Please understand that we would not do something like this if we did not feel it was absolutely necessary.”
