The fact that a concert promoter like Live Nation landed the deal rather than a traditional record label like Warner Music is a sign of how quickly the landscape is shifting in the cratering music industry.
Traditionally, acts like Madonna would release their recordings through a major record label and then make separate deals for touring and merchandising with other companies.
The haters are seriously mentally ill with this deal,I love the haters personally, lol. Seriously, what company would give $120 million to someone who has no talent?One thing ive noticed,these deals are never usually cash deals -- when they announce sums like that they are based on profit possibilities.
Get over it. You may not like her music or her singing voice (and she's the first to admit it's not the best) but you cannot deny the fact she is one hell of an entertainer. The bulk of the cash from this deal will be from touring. And as much as you go on and on about how "she's over" and "she's not relevant anymore", she clearly still has an audience as she sells out everywhere. Live Nation was smart for snatching her up while they could and Warner Bros. are idiots for not trying any harder to keep their bread and butter. & i heard she wants $30-50 mill upfront.