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?