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Wednesday, December 14, 2011

Page Six "breaks" Madge to Interscope news

RAY OF LIGHT ON THE SUBJECT: Page Six “broke” the news this morning that Madonna has a three-album deal with Interscope and is back in the studio. Apparently, those guys don’t read HITS, because I.B. Bad broke the story two weeks ago. The Page Six item has the deal set at a base of $1 million per album (I.B. reported it’s worth $10m per), and though the project is still in the demo phase, the idea is to get the first album out early next year. According to the item, it was a disagreement with Edgar Bronfman that led Madonna to leave Warner Music and sign that megabucks 360 deal with Live Nation back in 2007. Guess she showed him... Speaking of I.B., our industry insider’s assessment of the year in music kicks off today in news. Don't miss it. (12/14a)

 
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