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Madonna Signs Three-Album Deal With Interscope
Posted on Wed Dec 14, 2011 11:00 AM PDT
NEW YORK, New York (X17online) - Madonna has inked a three-album deal with Interscope Records.
After breaking ties with Warner Music Group in 2007, the Queen of Pop will reportedly earn a base of $1 million per album with her new label.
“It’s just about keeping relevance so that she can tour. She is still in the demo phase, but the idea is to get the first album out early next year,” a source told the New York Post.
Madonna’s 10-year, $100 million touring and merchandising contract with Live Nation will remain in tact.
