Shakira To Sign Multi-Million Dollar Deal With Live Nation

Shakira To Sign Multi-Million Dollar Deal With Live Nation
Shakira is set to sign a $70 million contract with Live Nation. The 'Hips Don't Lie' singer is following in the footsteps of Madonna and Jay-Z by handing over management of recording, merchandising, ticket sales and other services usually handled by separate companies. The deal is expected to be finalised by the end of the year. However, the 31-year-old chart-topper's recording rights currently belong to Sony BMG's Epic Records and she still has two more studio albums to deliver - one in English and one in Spanish - as well as a greatest hits collection. Talks have been ongoing for 10 months, sparking speculation the deal could actually be worth much more.
Published 7/2/08 by


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