Madonna and Live Nation Entertainment Confirm Three Album Licensing Deal With Interscope Records
SANTA MONICA, Calif., Dec. 15, 2011 /PRNewswire/ -- Madonna will have a new album out in late March, it was officially confirmed today by Interscope Records. In one component of a very broad plan developed by long time manager Guy Oseary and Live Nation Entertainment, the Material Girl has signed a three album deal with Interscope Records. The new album, her first in five years, has been completed. "Gimme All Your Luvin", the first single from the album will be released the last week in January prior to her upcoming Bridgestone Halftime Superbowl appearance on February 5th.
In 2007, Madonna signed a multi faceted deal with Live Nation that includes new studio albums, touring, merchandising, fan club/website, DVD's, music-related television and film projects and associated sponsorship agreements. "We look forward to a great partnership," commented Live Nation Entertainment's Chairman of Global Music & CEO, Global Touring Arthur Fogel. Oseary was equally enthusiastic: "We couldn't be happier to work with Jimmy Iovine, Lucian Grainge (Chairman & CEO, Universal Music Group) and the entire Interscope team. We anticipate a very bright future at our new home." Added Jimmy Iovine, Chairman of Interscope Geffen A&M. "Very rarely does an opportunity like this come around. We would like to thank Madonna, Guy and Live Nation for their belief in us."
In other Madonna news, her upcoming film, "W.E." which she directed and co-wrote is scheduled for a wide release on February 3rd.
Over the course of her extraordinary three decade career, Madonna has sold over 300 million albums and holds the record for the most successful tour by a solo artist in history. She is a nine time Grammy winning singer, songwriter, producer and is a Rock & Roll Hall of Fame inductee. Her last CD "Hard Candy" debuted at No. 1 in 27 countries including the US, UK, Canada, France and Australia.
INTERSCOPE GEFFEN A&M: Combining the legacies of three of the most influential record labels in modern music history, Interscope Geffen A&M embarked on a new tradition of musical achievement with its unification on January 1, 1999. Headed by Chairman Jimmy Iovine, Interscope Geffen A&M is a major force in global music, developing chart-topping artists across a wide range of musical genres including rock, rap, pop and alternative. Interscope Geffen A&M is part of Universal Music Group, the world's leading music company.
Live Nation Entertainment (NYSE: LYV) is the world's leading live entertainment and eCommerce company, comprised of four market leaders: Ticketmaster.com, Live Nation Concerts, Front Line Management Group and Live Nation Network. Ticketmaster.com is the global event ticketing leader and one of the world's top five eCommerce sites, with over 26 million monthly unique visitors. Live Nation Concerts produces over 20,000 shows annually for more than 2,000 artists globally. Front Line is the world's top artist management company, representing over 250 artists. These businesses power Live Nation Network, the leading provider of entertainment marketing solutions, enabling over 800 advertisers to tap into the 200 million consumers Live Nation delivers annually through its live event and digital platforms. For additional information, visit www.livenation.com/investors.
SOURCE Interscope Records
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