The show does not go on for South Korean star

South Korean star Lee Min Ho’s expected concert in Hanoi will be cancelled due to too expensive ticket prices and modest sales. Lee Min Ho concert in Vietnam cancelled The Lee Min Ho Management Company in conjunction with Starhaus Entertainment, announced the cancellation with claims that they failed to reach agreement with the Vietnamese promoter on several issues. Tran Quoc Chiem, Deputy Director of the municipal Department of Culture, Sports and Tourism, however, said the Vietnamese promoter, VDC Entertainment, sold only 122 out of total 3,000 tickets, with a total box-office revenue of only  VND458 million (USD21,613). "The number of tickets sold in comparison to what was expected for an international star was too small for the show to go on,” Chiem commented. In order for the promoter to book the show with Lee Min Ho they were required to make an estimated investment of around VND12 billion (USD566,304). The modest ticket sales made the appearance extremely unprofitable and apparently was the real cause for the cancellation. VDC Entertainment said that it took two years to complete negotiations for the singer’s appearance in Vietnam. Much of the equipment necessary to put on the concert, such as lighting and other sound… Read full this story

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