Madonna has just inked a deal with Live Nation that will make her almost $120 million dollars richer over 10 years. This gives Live Nation a stronghold on her albums, tours, films, merchandising, and other music projects.

There was much speculation about this deal, as she was waiting to see if her current label, Warner Brothers Records, would match the offer from Live Nation, and obviously they didn’t.

Madonna feels that too much is changing in the music biz world and saw what Live Nation could do for her.

“The paradigm in the music business has shifted and as an artist and a business woman, I have to move with that shift,” Madonna said. “For the first time in my career, the way that my music can reach my fans is unlimited. I’ve never wanted to think in a limited way and with this new partnership, the possibilities are endless.”

Photo: CU