MADONNA INKS DEAL WITH INTERSCOPE RECORDS

Madonna in Toronto - October 2008

Although she's been snubbed thus far for any Awards for her directorial debut W.E., some good news was announced earlier today for Queen of Pop, Madonna. Back in 2007, she had signed ten-year $120 million deal with Events Promoter Live Nation Entertainment, which would include Touring, Ticketing, Merchandising, Digital Assets and a total three Albums. With the Promoter now ailing a bit financially, Madonna has just inked a deal with Interscope Records rumoured to be worth between $20 to $40 million for both Madonna and Live Nation.

Yes, this in effect makes Lady Gaga and Madonna Labelmates, opening a world of possibilities for the latter who of late has been v. keen on new Collaborations. Other Artists currently signed to Interscope Records include No Doubt, American Idol, Black Eyed Peas, La Roux, M.I.A., Eminem, Fergie, LMFAO, U2, Timbaland, 50 Cent and many more.

Next month will be an all-Media Blitz for the Madonna with her W.E. finally seeing a release after some date shifts, her much talked-about Super Bowl Halftime Show Performance and her debut Single on Interscope Records, Gimme All Your Luvin. Her twelfth Studio Disc is slated for the end of March.

(Photo credit: Mr. Will-W.)