Lady Gaga Gives 50 Percent of her Earnings to her Father

How does the biggest pop star on the planet reward herself after she’s spent the past year touring the world, performing for President Bill Clinton, opening her own boutique in Barneys, releasing a high-fashion picture book, and prepping for her appearance on “Dick Clark’s New Year’s Rockin’ Eve”?
If you’re Lady Gaga, you go home to Mom and Dad’s and curl up in your childhood bedroom on the Upper West Side — which is what she plans to do this holiday weekend as her ABC variety special, “A Very Gaga Thanksgiving,” premieres Thursday night.
“She still doesn’t have her own place in the city,” one longtime friend tells The Post. “She and her family are very tight.”

Pals say that when Gaga struck it rich, dad Joe was just fine with her outrageous, hyper-sexy style.

But it’s the 50/50 split between Gaga and her father that’s most unusual. There’s only one other of its kind in the history of the music industry — between Elvis and Col. Tom Parker.
“There’s really no justifiable sense to doing a 50/50 deal with anyone in your career, other than someone you’re partners in a band with,” says Josh Grier, an entertainment lawyer who represents Wilco and Elvis Costello, among others. “Certainly no artist entering a management deal does anything close to that — a commission is usually 15 to 20 percent.”

source: NYpost.com