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Madonna Could Get into a $120 Million Groove

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Madonna by Dimitrios Kambouris/WireImage.com
Madonna is thisclose to ending a 25-year relationship with her vaguely British accent Warner Bros. and instead taking her material self to concert promoter Live Nation, where a 10-year, $120 million deal awaits her. The Wall Street Journal says Madge would get $17.5 mil up front, a $50 mil advance against three albums, and another $50 mil for the right to promote her tours (in trade for 10 percent of the gross). Analysts say Live Nation would need to sell 15 million copies of each of the three new albums to recoup that end of the deal. Mind you, my sometime subber Ben Katner is good for at least half of those CD sales.

Posted by Matt Webb Mitovich
Oct 11, 2007 8:38 AM
Who and why would any one person ever truly want or need that much money?
Oct 11, 2007 10:23 PM
Don't even get me started! I agree and I wish these ultra rich people would maybe help other people with it ~ but that is not going to happen. It's sickeneing to me how much could be done for others and she would not even miss it. Crazy.
Posted by ZZZ999
Oct 12, 2007 9:40 AM
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