Mittwoch, 17. Oktober 2007

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The singer Madonna is leaving sound recording company Warner Music Group and will sign the contract with Live Nation.The singer's contract with Live Nation is evaluated in 120 million US
dollars. The agreement, which signing is expected in the near future,provides, that Live Nation will receive the rights for Madonna's three studio albums, the organization of her concert rounds, and also release of the souvenir production carrying singer's name. The contract is planned to be signed for 10 years. Madonna cooperates with Warner Music Group since
1982. Messages that the singer is going to change the record-label have appeared in the end of August. Then it was also informed, that Madonna negotiates with Live Nation - the company specializing on concerts organization. In particular, Live Nation organized three last concert rounds of the singer.
Star's lawyers probably will get big money....

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