Live Nation Looks to Steal Madonna From Warner Music In Megabucks Deal

Billboard reports that Madonna is considering a deal with tour promoter Live Nation that would encompass recorded music, touring, merchandising and other business concerns. The value of the Live Nation offer, according to a source, would be an estimated $180 million, with the company potentially licensing the recording rights for about $30 million. The Material Girl’s current label Warner Music Group reported has offered her a deal that also includes a touring component, which could be helmed by rival promoter AEG Live.