Madonna inked a deal with Interscope Records that will allow the label run by Jimmy Iovine to release the albums that were originally contracted to Live Nation Entertainment under an ambitious deal that appears to be shrinking in scope.
She plans to release her first album for Interscope next month, first studio album in five years.
A source familiar with the deal's terms said it could be worth between $20 million and $40 million US for Madonna and Live Nation combined.
Madonna walked away from a 24-year relationship with Warner Music Group to sign a broad $120 million 10-year deal with Live Nation Entertainment that encompassed touring, ticketing, merchandise, digital assets and three albums. - Read More
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