Madonna Signs New Record Deal
December 16, 2011 by staff
Madonna Signs New Record Deal, It’s more money for Madge. At 53, Madonna has just signed a three-album licensing and distribution deal with Interscope Records, valued at some $40 million, according to Deadline.com’s Nikki Finke. Maddy’s latest haul arrives on top of the reported $100 million she banked three years ago in a contract with Live Nation Entertainment for concert tours, merchandizing, DVDs, TV specials, and certain elements of her recorded work.
The first album in the Interscope deal arrives in March, according to a joint press release from Live Nation and the label. The kickoff single from the disk, “Gimme All Your Luvin’,” will pop out the last week in January – just in time to be hyped by the star’s appearance Feb. 5 on the Super Bowl halftime show.
Never one to miss a cross-marketing opportunity, Madonna will also use that spot to flag the American debut of a movie she directed: “W.E.,” which chronicles the controversial relationship between American-born Wallis Simpson and Britain’s King Edward VIII. The movie, tepidly reviewed in the U.K., comes out Stateside Feb. 3.
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