The FT is reporting that Madonna is close to an agreement with Live Nation, the concert promoter, that would pay her more than $100m in exchange for three albums and the exclusive rights to promote her concerts and to market her merchandise in a wide-ranging partnership.

The FT is reporting that Madonna is close to an agreement with Live Nation, the concert promoter, that would pay her more than $100m in exchange for three albums and the exclusive rights to promote her concerts and to market her merchandise in a wide-ranging partnership. The FT sheds some light on the new deal:

Instead of sharing in only one piece of the income — say, CD sales — companies are angling to share in all of an artist’s business lines, like publishing, merchandise sales and endorsement fees.

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