Madonna’s $120 million deal

MadonnaMadonna is close to signing a money-spinning new deal which will net her $120 million over 10 years. The pop superstar will receive a combination of cash and stocks in multi-media group Live Nation in return for giving executives the rights to sell three studio albums, promote concert tours and license her name. It’s the first deal of its kind. Live Nation has promoted Madonna’s concerts for years and has grossed more an estimated $400 million from her performances.

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  1. Anonymous • October 12, 2007 @ 4:30 PM

    She keeps inviting herself so she might as well reinvite the way she gets paid too

  2. jenny • October 12, 2007 @ 5:07 PM

    re-invent?

  3. RUVEN • October 13, 2007 @ 5:43 PM

    ONE WORD………………..

    FABULOUS!!!!!!

  4. Alejandro • October 13, 2007 @ 6:05 PM

    Madonna is evolution! I hope each one of us could reach all the things we fight for and change things for good!

  5. Nancy • October 14, 2007 @ 8:25 PM

    Live Nation has grossed over $400 million for promoting Madge’s concerts over the years.

    And now, for the promotions still, plus 3 albums, plus…and this is a big one….license her NAME……only $120 million for 10 years!

    I hope she doesn’t sign. She would make more $ than that if she used her own name for such things as perfumes, dolls and other items, and a clothing line. Because that is exactly what Live Nation is going to do….and more! Pretty soon we will be able to go to Wal-mart and buy Madge perfume; Madonna sheets; and madonna dolls!! If you are going to sell yourself out, at least be the one who’s going to get the most $$cash$$ out of it!!

  6. J. Elms • October 16, 2007 @ 12:43 AM

    This deal just confirms what I’ve always thought of her. Madonna, above all else, is a business woman first and foremost. Not an artist.

    She “reinvents” herself with each album because she commodifies new trends and assumes the identity long enough to sell a record, then abandons the identity altogether.

    And in the end, Madonna demonstrates that money precedes her “art.” In my opinion, she’s bankrupt in artistic integrity. Take Radiohead for example, offering their music nearly for free. The comparison illuminates the priorities of each: whereas with Radiohead it’s releasing revolutionary new music at little cost to their fans, with Madonna it’s making a revolutionary salary with little thought toward her integrity as an artist.

    Overall, she’s grossly overpaid and a boring “artist” at that.

    Moving on.

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