Live Nation Denies Poor Madonna Tickets Sales 6/27/08

Concert promoter Live Nation has dismissed reports they are struggling to shift tickets to Madonna's forthcoming world tour - stating fans have turned out in record numbers for a chance to see the superstar in concert.

The pop legend signed a money-spinning deal with Live Nation earlier this year (08), which will net her an estimated $120 million (£60 million) over the next 10 years.

However, reports in the New York Post suggested the singer was struggling to entice fans to see her Sticky & Sweet tour, with tickets failing to sell-out at certain venues. But Live Nation refutes the claims, insisting over one million fans have already bought tickets to see the Material Girl star perform.

And the company is so sure they have a hit on their hands, they have announced that Madonna is set to smash her own record for the highest earning touring female artist - looking set to earn $55 million (£27.5 million) more than she did for her 2006 Confessions On A Dance floor tour.

The healthy ticket sales for Madonna's tour allows the company to sigh a breath of relief after facing a barrage of speculation this month (Jun08) over whether they had overpaid to sign certain artists.

As well working in partnership with Madonna, Live Nation has signed groundbreaking multi-million tour and promotion deals with rockers U2 and hip hop heavyweight Jay-Z.