Though she inked an extremely high-profile “360″ deal with Live Nation back in 2007, Madonna still needs the label system to distribute her new music. After spending the entirety of her career in the bosom of Warner Bros., she has signed on with Interscope for a three album deal. According to Billboard, she’ll earn a base of $1 million per album, starting with her next release (which is reportedly near completion and scheduled to be released some time in 2012).
That seems like a pretty paltry sum for one of the biggest icons in pop music history, though remember that she will still be collecting from her Live Nation deal through 2017 (and the fact that her Sticky & Sweet tour grossed $408 million doesn’t hurt, either).
It works out well for everybody, as Live Nation doesn’t have to muck about with the business of distributing new music, Interscope gets another marquee star for its roster for a relatively small investment, and Madonna gets a few more million dollars to cover the inevitable W.E. losses.
In fact, Madonna’s signing makes way more sense than any of the deals currently being tossed about among baseball general managers. The Angels threw $254 million for 10 years of service from first baseman Albert Pujols, somehow expecting that he’ll provide $25 million in service when he’s 40 years old (since statistically he’s already on the decline).
Assuming she takes three years between albums, Madonna will be 60 when she releases the final album under her Interscope contract. While that sounds somewhat problematic in a vacuum, Madonna has been an innovator and a shape-shifter for the entirety of her career.
Even her missteps (*cough*American Life*cough*) are pretty interesting, and though her last two albums saw her turn up the juice on the four-on-the-floor BPMs, there’s no reason to suspect she won’t keep shifting to fit both herself and the current pop market. If she keeps delivering stylistic shakeups like the recently-leaked “Masterpiece,” she should be just fine.
What do you think of Madonna’s new deal? What do you think Madonna will sound like at 60? Open your hearts to us in the comments.
Read more on EW.com:
It’s official: Madonna to perform at Super Bowl half-time show
Madonna debuts new song ‘Masterpiece’ — and we might like it
Madonna enlists Nicki Minaj, M.I.A. for next album