ICM Partners Drops Celine Dion As Client For Not Paying Commission

[joaofilho]

I remember last year, if I'm not mistaken, a report came out that she was signing with this company. Now charges $ 500,000,000.00 in commissions is too much, maybe she has been cheated, it is a lot of money, it is very strange that kind of accusation.

 

I think she left them and she wants to sign with another company.

[Davey84]

I wonder if Aldo made the deal in 2015... and maybe Céline didn't agree on the fees and terms and that's why she doesn't want to pay now. I'm sure she has good reasons.

 

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[jpatdeleon09]

Let’s wait for their answer about this issue.

[scielle]

I remember last year, if I'm not mistaken, a report came out that she was signing with this company. Now charges $ 500,000,000.00 in commissions is too much, maybe she has been cheated, it is a lot of money, it is very strange that kind of accusation.

 

I think she left them and she wants to sign with another company.

No, she's been with ICM for ~30 years.

And charges in commission aren't $500m; that's the purported deal amount. Commission payable would be a fraction of that. Probably ~10%, which is pretty standard for talent agencies, so $50m.

 

I've been hearing about money problems for a while now. She has been moving assets around last year I heard, maybe to make more money to her name?

 

And René was a big big gambler. He sometimes lost millions when playing and the care he got when he was sick was also very expensive. High respect for René though. If he hadn't gambled, we wouldn't have Céline and he deserved the best care possible.

I wouldn't want to jump to conclusions. But yeah, what we know of how Rene operated doesn't scream "financially responsible". (And yes, his risk-taking is what got Celine to where she is; no question, she needed a "gambler"!)

 

I just hope she's well advised. At her level, it's very easy to go off the rails, financially speaking, and many have. High-end artists, athletes... don't generally know how to manage the huge sums they are being paid.

 

Hire a CFA, Celine! (*raises hand* )

Edited February 14, 2019 at 01:32 PM by scielle

[Dion2000]

So basically she signed a deal in 2017 worth $500 million for touring (they dont want money from the 2017 tour)

 

She is “refusing” to pay the commission which could be anywhere frome 10-20% of that amount... so basically she owes them between $50 and $100 million in commission?

 

 

Theyre insane if they want her to pay that

[Dancing_Queen]

Why are they not releasing a statement on this? This is absolutely the type of thing where a spokesperson is needed. The public will get over it, but it can hurts her reputation in the eyes of future business partners. Makes her look unreliable. Does she even have a spokesperson nowadays?

Good grief...

[Dion2000]

Why are they not releasing a statement on this? This is absolutely the type of thing where a spokesperson is needed. The public will get over it, but it can hurts her reputation in the eyes of future business partners. Makes her look unreliable. Does she even have a spokesperson nowadays?

Good grief...

 

 

I mean it is literally still 7am over there. Considering theyre suing her, she’s probably in contact with her legal team. They will make the statement when theyre ready

[Dancing_Queen]

 

 

 

I mean it is literally still 7am over there. Considering theyre suing her, she’s probably in contact with her legal team. They will make the statement when theyre ready

 

If they're completely caught unaware, then I guess you're right.

But usually people don't sue each other for $50 million without at least some pre-warning. So a strategy should be in place...PR is a 24/7 business...

But I guess this is Team Céline and I'm jusy expecting too much...

[Javito]

I knew there was something wrong behind all the incessant touring activity year after year after year, adding dates all the time after the closed initial calendar and also when she had absolutely no new music to promote or to justify new tours. When I saw all the constant performing activity all of a sudden and right after Vegas, I knew that something was out of place in it.

 

It's the same bad press she had when news said she didn't want to pay royalties for the songs she performs while on tour, and René forced all the songwriters that sent songs to Celine to give up royalties for their songs so Celine wouldn't have to pay money to the writers and composers when she performs them = greedy!!

 

Of course, I'd like to hear the other side of the story and what Céline has to say, but that ain't gonna happen

 

I hope this doesn't affect to the concert in July and the future of her career!

Edited February 14, 2019 at 04:32 PM by Javito

[stevo]

Ouch

[rodrigo]

I have only one thing to say: I don't care. It's not my problem. It's her problem. I want new songs!

[Javito]

Lol that round silver thing will eventually arrive, and maybe -if it's good enough- she'll realise the audience was just expecting that from her: new music

[CSCfan]

I remember last year, if I'm not mistaken, a report came out that she was signing with this company. Now charges $ 500,000,000.00 in commissions is too much, maybe she has been cheated, it is a lot of money, it is very strange that kind of accusation.

 

I think she left them and she wants to sign with another company.

 

No. She signed with them in 2017...when her touring agent of 30 years became CEO of ICM. And no, they're not charging her $500 million, she signed a $500 million deal. That's something entirely different.

 

I wonder if Aldo made the deal in 2015... and maybe Céline didn't agree on the fees and terms and that's why she doesn't want to pay now. I'm sure she has good reasons.

 

Well Aldo was a business man above anything else (including manager), so any deal he would've closed, it would be very benificial to Céline. Also he was responsible for cutting the costs in her team, etc. so I doubt he would sign a bad deal. I think Aldo expanded (or tried to expand) the "Céline empire" in a good way, not only focusing on live performances, but also with clothing/bags and possible musicals and of course new music. But ever since he left.... it has gone dark at Team Céline.

 

 

 

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No, she's been with ICM for ~30 years.

 

No, only 2 years. Rob Prinz has been working with her for 30 years.

 

so basically she owes them between $50 and $100 million in commission?

 

 

Those numbers are pure speculation. But remember that managers/management companies, agents and promoters always get a large percentage. So it's not unusual.It's the agent that negotiate deals between the artist and the promoter and we all know how high her tickets prices currently are. And Céline being the industry mammoth that she is, has always been grossing a LOT from her tours. So "naturally" they get a large percentage. And we don't know the time period of the deal... it could've been a 10-year deal or 15, or she was required to do an x number of tours.

 

I hope her team will come up with a statement or at least do something.

Edited February 14, 2019 at 06:34 PM by CSCfan

[Davey84]

 

No. She signed with them in 2017...when her touring agent of 30 years became CEO of ICM. And no, they're not charging her $500 million, she signed a $500 million deal. That's something entirely different.

 

 

 

 

No, only 2 years. Rob Prinz has been working with her for 30 years.

 

 

 

Those numbers are pure speculation. But remember that managers/management companies, agents and promoters always get a large percentage. So it's not unusual.It's the agent that negotiate deals between the artist and the promoter and we all know how high her tickets prices currently are. And Céline being the industry mammoth that she is, has always been grossing a LOT from her tours. So "naturally" they get a large percentage. And we don't know the time period of the deal... it could've been a 10-year deal or 15, or she was required to do an x number of tours.

 

I hope her team will come up with a statement or at least do something.

The CDIP post i found on Facebook was from 2015

 

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[Nmj]

I wonder if Aldo made the deal in 2015... and maybe Céline didn't agree on the fees and terms and that's why she doesn't want to pay now. I'm sure she has good reasons.

 

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Even if that’s the case, and it’s Aldo who made the deal as her manager and he agreed to it then she owes it to them. A deal is a deal.

If she didn’t like it, that’s why people like her hire lawyers before agreeing to anything to help avoid surprises down the line.

[CelinesDIVO5]

I knew there was something wrong behind all the incessant touring activity year after year after year, adding dates all the time after the closed initial calendar and also when she had absolutely no new music to promote or to justify new tours. When I saw all the constant performing activity all of a sudden and right after Vegas, I knew that something was out of place in it.

 

It's the same bad press she had when news said she didn't want to pay royalties for the songs she performs while on tour, and René forced all the songwriters that sent songs to Celine to give up royalties for their songs so Celine wouldn't have to pay money to the writers and composers when she performs them = greedy!!

 

Of course, I'd like to hear the other side of the story and what Céline has to say, but that ain't gonna happen

 

I hope this doesn't affect to the concert in July and the future of her career!

 

She has only done one tour since she signed this deal in 2017.

[Ajax]

I m done with this forum. Every people who brew that amount of money will face one day if not every 10 year at least this kind of procedure. You do not have to be Mariah Carey or Rihanna for that even Celine Dion has to face it. And it is surely not the first time. Maybe just maybe, before, Celine s team was able to find an arrangement before it goes out in the press that s it. And it has nothing to do with Celine not even René. All that is done between lawyers. That s their job.

 

But what I’m done with is the level of mediocrity in this forum. I cannot accept anymore those people enable to accept Celine without Renés guidance. This disgusts me. Just think one second about what it means.

[CSCfan]

The CDIP post i found on Facebook was from 2015

 

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Hmmm....maybe when she joined them in 2015, she still had [to finish] her old deal and they signed a new one in 2017?

[Tom_London_Fan]

I m done with this forum. Every people who brew that amount of money will face one day if not every 10 year at least this kind of procedure. You do not have to be Mariah Carey or Rihanna for that even Celine Dion has to face it. And it is surely not the first time. Maybe just maybe, before, Celine s team was able to find an arrangement before it goes out in the press that s it. And it has nothing to do with Celine not even René. All that is done between lawyers. That s their job.

 

But what I’m done with is the level of mediocrity in this forum. I cannot accept anymore those people enable to accept Celine without Renés guidance. This disgusts me. Just think one second about what it means.

 

I’ve got to agree with you, too many people on this forum seem very quick to jump on Celine’s back. Oh, she’s not doing exactly what you want. Boo hoo, who cares. Too many self-entitled #ss wipes who aren’t happy unless Celine is doing exactly as they wish.

 

With regards to this issue, Celine Dion is is one of the highest grossing, biggest selling artists of all time. She has a team of very competent people who’s job is to deal with things like this. Along the road, this deal went sour. But very quickly, everyone wants to accuse Celine of money mis-management and lack of direction. She’s been in the business nearly 40 years, and is one of the most in demand artists in the world. Stop jumping to conclusions and respect the fact that there’s most definitely two sides to this story.

 

I’m with Celine and her team all the way, never before has something of this magnitude appeared. If she hasn’t paid them, then there’s a bloody good reason for it!!

[Xpresso]

To stop these bad news she needs to release a new single. It's time to talk about Celine's music!

Rumour has it that the new single is called Don't Pay.

[rhapsodion]

This is not the first time she has been sued, and I don't think this will be the last time either.

 

Paying $5million or $50 million commission may look insane to ordinary folks like us. But earning nearly $500,000 by just performing a one and half hour show is also insane to some. Celine's job isn't an average 9 to 5 job, and we don't know all the details behind these deals and what the agents have been doing behind scenes. So it is really hard for us to judge who is right and who is wrong.

[Peppercorn1991]

I agree but we ask why has this happened? Never before has anything like this happened publicly.

 

Kev x

[Javito]

I m done with this forum. Every people who brew that amount of money will face one day if not every 10 year at least this kind of procedure. You do not have to be Mariah Carey or Rihanna for that even Celine Dion has to face it. And it is surely not the first time. Maybe just maybe, before, Celine s team was able to find an arrangement before it goes out in the press that s it. And it has nothing to do with Celine not even René. All that is done between lawyers. That s their job.

 

But what I'm done with is the level of mediocrity in this forum. I cannot accept anymore those people enable to accept Celine without Renés guidance. This disgusts me. Just think one second about what it means.

 

Well it's not like you have contributed much against that level of "mediocrity" with your unfathomable activity here, with only 31 posts right? Maybe you could have educated us more instead of showing a tantrum?

[Xpresso]

By the way, I doubt that Celine has money issues. Not paying doesn't mean she doesn't have the money!!

There's clearly something else to this story.

[rhapsodion]

I am happy that it is not something like "Sony/AEG drops Celine because her tickets or music aren't selling”.

[Javito]

Rumour has it that the new single is called Don't Pay.

 

Heard the album title now is Payola... https://en.wikipedia.org/wiki/Payola

[ordinary fan]

I´m waiting for a statement from Celine´s side/point of view!

[Shamrock_1982]

I don’t think we will hear from her camp until it’s all done and dusted.

[ryba]

Rumour has it that the new single is called Don't Pay.

loool

[Peppercorn1991]

I agree that they have been dirty and gone public on this...

 

Kev x