It's Official: Madonna Announces Huge New Contract

It's Official: Madonna Announces Huge New Contract

Madonna continued her non-tracksuit trend yesterday in LA where she was spotted between meetings with pal and co-manager Guy Oseary. Today Madonna made the big announcement that she is officially leaving Warner Brothers for Live Nation, in a deal that will make her over $100 million. She said:

"The paradigm in the music business has shifted and as an artist and a business woman, I have to move with that shift. For the first time in my career, the way that my music can reach my fans is unlimited. I've never wanted to think in a limited way and with this new partnership, the possibilities are endless. Who knows how my albums will be distributed in the future? That's what's exciting about this deal -- everything is possible. Live Nation has offered me a true partnership and after 25 years in the business, I feel that I deserve that."

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Madonna definitely knows how to stay ahead of the trends and it's worked pretty well for her so far in music — and business. Well done, Madonna! More of Madonna so read more

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