She’s here to stay
Liz Smith shared her views on the latest news from the Madonna/Live Nation mega-deal in yesterday’s “Page Six” on the New York Post.
“People are talking about: Madonna’s leap from Warner Records – her record label for 25 years – to Live Nation, the tour promoter, for $120 million.
This shocked the music industry. Warner Records certainly still wanted the pop legend, even though her record sales in the United States aren’t quite what they once were. Her tours take in a fortune, and in Europe her CDs sell like the good old days.
Why leave home? Because … she’s Madonna. She’ll be 50 in August; her Live Nation deal is for 10 years. Clearly, she expects to remain creative, popular and relevant in the new world of downloads, iPods and “free” music (not to mention keeping herself physically up to the concert grind). Safe and comfy has never been the Big M’s way. She is riding the tsunami of change, as usual. But the wave won’t hit for a little while. She still owes her old Warner bosses two albums.”
Source: The New York Post.
Thanks to Brian.