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Is Shakira the new Madonna?

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shakira - Is Shakira the new Madonna? Empty Is Shakira the new Madonna?

Post  Scarlet Mon Jul 28, 2008 5:19 am

WITH super flexible hips and a booty to rival BEYONCE's, it's no surprise SHAKIRA is set to sign a whopping $70 million contract to follow in the footsteps of megastars MADONNA and JAY-Z.

The Hips Don’t Lie singer will hand over management of recording, merchandising, ticket sales and other services usually handled by separate companies to Live Nation.

The deal is expected to be finalised by the end of the year, as the Latino’s recording rights still belong to Sony BMG’s Epic Records and she must deliver two more studio albums for them, 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.

The Glastonbury headliner is believed to have received a staggering $150 million for his deal, while Madge reportedly earned $120m.

There is no news on how long the contract will last, but both the Queen of Pop and Jay-Z have signed to Live Nation for 10 years.

Shakira is the highest-selling Columbian artist of all time, selling more than 50 million albums and raking in around $100 million from her global tour last year.

Drinks are on her then.

http://www.thesun.co.uk/sol/homepage/showbiz/music/article1371152.ece#cid=OTC-RSS&attr=Shakira
Scarlet
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