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Madge Wants More Dough

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Madonna sure does like money. The singer’s reportedly breaking ties with Warner Brothers for a $120 million deal with Live Nation Inc.

The pop superstar’s management informed Warner last week that she would accept Live Nation’s offer after the record company refused to match the deal,

Under terms of the proposed deal, Madonna, 49, would receive a signing bonus of about $18 million and a roughly $17 million advance for each of three albums, the person said. A portion of the compensation would involve stock, [a source] said.

Who knew the material girl would become such a money grubber?

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By:           Andrew Belonksy
On:           Oct 11, 2007
Tagged: , , , , ,
5 Comments

No. 1 · Gregg · Member · 286 comments

An almost 50 year old woman brokering a deal like that? That kicks ass. You GO Madonna!

Posted: Oct 11, 2007 at 11:18 am · @ReplyReply to this comment · [Flag?]
No. 2 · ggreen · Member · 579 comments

Madge clearly doesn’t give a crap about her albums. If it weren’t for the legions of talented re-mixers and gay fans her albums would have tanked years ago. Can anyone listen to her not re-mixed into a dance song? Miss Thing makes all her money touring, she’ll be singing “Like a Virgin” when she’s 70.

Posted: Oct 11, 2007 at 1:32 pm · @ReplyReply to this comment · [Flag?]
No. 3 · daniel11211 · Member · 27 comments

uh, “money grubber”? why shouldnt she be making the money?
why when someone asks for what they can obviously get are they “money grubbing”?
are you studying at the Perez Hilton School for Bashing lately?

Posted: Oct 11, 2007 at 1:35 pm · @ReplyReply to this comment · [Flag?]
No. 4 · afrolito · Member · 1242 comments

Madonna has always cared about her music, which is why it continues to strike a chord with fans all over the world. Remixes have nothing to do with it. I’m also getting a little fed up with the constant derision of her “gay fans”, as if they all love her in mass (they don’t), and adore everything she does (they don’t). Btw, as hard as it is to imagine she does have a sizable non gay fanbase, as anyone who has actually attended one of her sold out tours can attest.

As far as this deal goes, I think it’s great for her (obviously). The music industry is dying, and she has singlehandly caused a seismic shift with this deal.

Posted: Oct 11, 2007 at 2:04 pm · @ReplyReply to this comment · [Flag?]
No. 5 · Mrs Patrick Campbell

Does madge command 1000 Euros/ticket? Babs does.

Posted: Oct 11, 2007 at 2:13 pm · @ReplyReply to this comment · [Flag?]

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