Madonna Bails on Warner, Goes With Live Nation

It's official: Madonna is leaving Warner Music Group to team up with concert promoter Live Nation in a deal reported to be worth $120 million over 10 years. Madonna said in the statement that she was drawn to the all-encompassing deal with Live Nation because of the changes the music business had undergone in recent years. Live Nation has access to the superstar and grabs a stake in her albums, tours, merchandising, films and other music-related projects. Financial terms were not disclosed...Full Story
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