Madonna’s $1 Billion Payday

La paye de 1 Milliard de dollars de Madonna.

And she’s being sued over her Material Girl clothing range...
12:30, Saturday, 21 August 2010

Madonna has been offered $1 billion for a five-year Las Vegas residency, according to reports.
The Hung Up singer could follow the footsteps of acts such as Celine Dion and Cher who relocated to the gambling capital of America to performing nightly shows at Caesars Palace. Celine’s five-year residency drew nearly three million people to 717 performances, but it’s thought Madge would surpass that.
If the deal goes ahead, Madonna would become the third highest paid female entertainer in the world, behind Oprah Winfrey and American homemaking entrepreneur Martha Stewart. And she may just need the extra cash – the superstar is being sued over her new Material Girl fashion range.
Clothing company LA Triumph has claimed it has been using the Material Girl name for the last 13 years and wants the superstar to desist trading and turn over all the profits she has already made from the line.
In a lawsuit filed this week, LA Triumph stated it had been “continually selling similar clothes in similar retail outlets at similar prices under the Material Girl brand since at least 1997... Madonna and her newfound company do not have the right to trade in the same space under this brand.”
The star’s Material Girl fashion range launched in June; the campaign is fronted by Gossip Girl star and The Pretty Reckless singer Taylor Momsen and is available in US department store Macy’s.

Source: MTV UK.