Jennifer Lopez's highly anticipated Las Vegas residency reportedly hangs in the balance due to poor performance in ticket sales for upcoming tour and lackluster new album.
- May 29, 2024
AceShowbiz - Fans hoping to see Jennifer Lopez in a Las Vegas residency might be in for a disappointment. According to multiple sources, J.Lo's $90 million residency deal with MGM Grand is likely in jeopardy due to the lackluster sales of her latest album "This Is Me... Now" and her upcoming "This Is Me... Live" tour.
Despite initial talks and high hopes for the residency, casino executives have reportedly become skittish about moving forward with the deal.
Jennifer Lopez, 54, had been in discussions with MGM for a potentially lucrative residency offer of $1 million per show for 90 performances. However, abysmal ticket sales for her tour, which kicks off next month, have led to some serious doubts.
A source close to the situation stated, "MGM is watching her not doing well on the road. They are very nervous... It's pretty rare you have a poor tour and then go to Vegas."
The issues started when J.Lo's latest album "This Is Me... Now" charted only at number #38 on the Billboard Hot 200, marking her lowest debut. Additionally, seven tour dates were canceled in cities like Atlanta, New Orleans, and Houston due to poor ticket sales.
Despite this, Lopez's manager Benny Medina and J.Lo herself are reportedly adamant about continuing the tour, regardless of the risk of empty seats.
Adding to the complications, tabloid reports have highlighted speculations of trouble in Lopez's personal life, specifically her marriage to actor Ben Affleck, 51. The couple has rarely been seen together lately, further fueling rumors of marital discord.
J.Lo has a history of Las Vegas success, having grossed $101.9 million at Caesars Palace's Planet Hollywood between 2016 and 2018. However, given her current struggles, her upcoming residency might be renegotiated to a significantly reduced deal, with offers potentially ranging between $600,000 to $650,000 per performance, for fewer shows.
For young fans of the pop diva, this is a moment of suspense. Will J.Lo manage to turn her tour around and secure the coveted Vegas residency, or will these setbacks force her to reconsider future plans? Only time will tell.
As the entertainment world watches closely, one thing is clear - the stakes for Jennifer Lopez's career and her upcoming Las Vegas residency have never been higher.
