Madonna Makes Music Biz History

Madonna is in talks with concert promotion company Live Nation to sign an unprecedented contract worth $120 million!

This is the first time a concert promoter has signed an actual artist-they will have control of 3 studio albums, concert tours, merchandising and licensing of Madonna's name.

Madonna ended her career-long contract with Warner because they were unable to match the $120 million price tag. This new deal could signal big changes in the music industry.

from CHUM music station
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