Thursday, October 11, 2007

Madonna Nears New $120 Million Deal

Looks like Madonna will have plenty of money for the kid's animal print bedding now. I know she was really struggling to make ends meet. So glad she was able to get herself at least some money to feed her family.

Pop star Madonna is close to leaving her long-time Warner Bros. Records label for a wide-ranging $120 million deal with concert promotion firm Live Nation Inc., a source familiar with the talks said Wednesday.

The story was first reported on the Wall Street Journal's Web site, which said Madonna would receive a mix of cash and stock in exchange for allowing Live Nation to distribute three studio albums, promote concert tours, sell merchandise and license her name. full story

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