OlderMadonna is $120 Million Richer
Thu, 11 October 2007 at 4:14 pm
Madonna and longtime friend Ingrid Casares (a Miami nightclub owner) work-out together at a Midtown Gym club on Thursday morning. Other pictures include Madge and Ingrid exiting the Reebok Sports Club on the Upper East Side yesterday.
The Queen of Pop will reportedly sign a $120 million recording and touring deal with live entertainment promoter Live Nation Inc. and leave her longtime record label at Warner Music Group Corp.
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, a source familiar with the talks said.
Madge has recorded for the Warner Music label since her 1983 self-titled debut album.
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22 Comments
zzzzz
2nd!!!!!luv madonna
First Oprah getting NBC to buy her Oxygen network, now Madge getting all this moolah to record. Very nice ladies. Who said that men are the only ones who can be moguls?
This news is ZZZZZZZZ to Britney fans. I guess it’s more interesting for them to read the goings on in the life of their trainwreck trailer trash idol. Way to go Madge.
I work in the Miami nightlife scene and Ingrid is certainly not as hot on the beach as she used to be….she basically just hosts philanthropic dinner parties as a way of saying ‘I’m grown up and classy now and this is how I throw my weight and reputation around’ since she doesn’t have a hot husband, beautiful kids, and a multimillion dollar entertainment empire like Madge….Ingrid ingnores the past that she and Madge, along with Chris Paciello, JLo, Puffy and all them very much enjoyed here….any news on Chris, BTW?
Good for her. She’s always one step ahead of the game and she’s self made, gotta love that.
i luv luv luv luv luv luv luv Madonna!!!!!!!!
CONGRATS MADONNA!!!!
I love you for reporting this!
LONG LIVE THE QUEEN!!!!!!
go Madge!!!
the ole ***** still workin it. well more power to her. and by the way, ingrid is an ex lover of madge’s.
She deserves it, shes a great performer. Good for her.
She deserves money. But not that amount. No Celeb do (Only Angelina & Brad!!).
But.. Seriously.. what did Madonna do? Save a life? Doctors should get that kind of money.. Cause they do save lives!
fck so rich~
Good for her! She’s great. Love you Madonna!!!
Madonna is the queen…Love you….
Why does Brad and Angelina deserve that kind of money but not Madonna?……give me a break.
Big deal, Madonna doesn’t need a label. Virgin did a similar thing with Mariah seven years ago, AND THEN HAD TO BUY HER CONTRACT BACK for less money because she couldn’t sell CDs. I suppose Madonna may have SOME life left to her as long as there are baby-booming gay men on earth, but she’s totally on her way to being irrelevant to the CD buying & downloading public. When’s the last time Madonna had a big radio hit? EXACTLY.
#5
What are you getting at? Are you saying that anyone without a husband and kids is useless?
19#
Actually the last time Madonna had any radio hits was from her last album with Hung Up, Sorry, Get Together and Jump. I don’t know where you’re blogging from but I am from Australia and these tracks recieved heaps of airplay here and were some of the most requested across a large veriety of stations. I wouldn’t hold my breath because I don’t think she’ll be fading into insignifigance any time soon.
she looks like a troll
120 million - very-very good!!!
About Ingrid - i think M still love’s her
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