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Madonna Leaving Warner Brothers I guess Prince has started a trend!
Full article can be found here: http://www.nytimes.com/20...?ref=media By JEFF LEEDS Published: October 11, 2007 LOS ANGELES, Oct. 10 — Madonna is about to become the latest music superstar to defy the music industry’s traditional structure by exiting her longtime record label, Warner Brothers Records, for a lucrative deal that relies heavily on her longevity as a live-concert attraction. Madonna is said to be close to a $100 million deal to leave Warner Music for the concert giant Live Nation. Madonna is nearing an agreement with Live Nation, the concert promoter, that would pay her more than $100 million in exchange for three albums and the exclusive rights to promote her concerts and to market her merchandise in a wide-ranging partnership, according to people briefed on the talks. The deal, which includes cash and stock, would pay her about half the total upfront, said these people, who requested anonymity because the agreement had not been completed. | |
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He started a tread and he will never get credit for it but, he was way ahead of everyone else in the industry.
FreeMuze said: I guess Prince has started a trend!
Full article can be found here: http://www.nytimes.com/20...?ref=media By JEFF LEEDS Published: October 11, 2007 LOS ANGELES, Oct. 10 — Madonna is about to become the latest music superstar to defy the music industry’s traditional structure by exiting her longtime record label, Warner Brothers Records, for a lucrative deal that relies heavily on her longevity as a live-concert attraction. Madonna is said to be close to a $100 million deal to leave Warner Music for the concert giant Live Nation. Madonna is nearing an agreement with Live Nation, the concert promoter, that would pay her more than $100 million in exchange for three albums and the exclusive rights to promote her concerts and to market her merchandise in a wide-ranging partnership, according to people briefed on the talks. The deal, which includes cash and stock, would pay her about half the total upfront, said these people, who requested anonymity because the agreement had not been completed. | |
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 "We may deify or demonize them but not ignore them. And we call them genius, because they are the people who change the world." |
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bboy87 said:  | |
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