Top Free Music Downloads > Music News > Madonna confirms ground-breaking dealMadonna confirms ground-breaking deal17 Oct 2007. Author: neshto |
Madonna has signed a ground-breaking deal to give her fans "unlimited" access to her music it has been confirmed. The 'Material Girl' singer agreed a recording and touring contract with concert promoter Live Nation, because she believed the deal - worth an estimated $120 million over 10 years - would offer "endless" possibilities. Madonna said: "The paradigm in the music business has shifted and as an artist and a businesswoman, I have to move with that shift. "For the first time in my career, the way that my music can reach my fans is unlimited. I've never wanted to think in a limited way and with this new partnership, the possibilities are endless." Live Nation own the rights to all her music-related projects - including new albums, tours, merchandise, websites, DVDs, sponsorship, TV shows and films. Live Nation chief executive Michael Rapino said: "Madonna is a true icon and maverick as an artist and in business. Our partnership is a defining moment in music history. "We have created a new business model for our industry." Madonna is contracted to make one more album with her long-term record label Warner Music Group Corporation. The queen of pop was with Warner for 25 years, selling more than 200 million single and albums. |