After talking with MTV News' Jim Cantiello about her heartfelt tribute to the late Michael Jackson at the VMAs on Sunday night,
Gaga, of course, has been frequently compared to Madonna — both musically and as an icon — and her performance at the VMAs on Sunday has been compared with Madonna's famous VMA performances.
While she didn't see Gaga's avant-garde red-carpet getup in person, Madonna did catch it on a television screen backstage.
"I just saw Lady Gaga," Madonna said with a smile. "She looks like she's going to carnival in Venice, very beautiful."
When asked if she feels at all threatened by the comparisons, Madonna said, "No, I'm very flattered."
What about Lady Gaga's escort, Kermit the Frog?
"I missed that," Madonna said. Asked if she'd ever been escorted by Kermit, she joked, "No, but I've dated some frogs."
When asked if her daughter Lourdes — who is such a big Gaga fan that she danced on a table during a Gaga concert that Madonna took her to earlier this year — is interested in show business, Madonna turned serious.
"She's got school tomorrow, so she's in the bed sleeping," she said. "I think she has an interest, but she has time — she's not even 13 yet, so give her a few more years."
The 2009 MTV Video Music Awards might have wrapped, but the party is far from over. Stay tuned for behind-the-scenes updates, party reports and much more.