Shakira Is Making Deals
Friday, July 4th, 2008
Columbian pop-star Shakira has signed a ten years contract with the concert organizing company Live Nation, says The New York Times. The sum of this deal is worth of seventy/one hundred million dollars. Following an agreement Live Nation shall give her the full range of services (so called 360 degrees contract) including album releases, concerts/tours, and selling of souvenirs.
Besides that, Shakira is still connected to the other contract agreement with the label Epic Records, which demands three albums from her – one in English, another one in Spanish, and hits collection. This tide is not going to allow Live Nation to release a musician’s new works.
Just for a reminder – Live Nation possesses a long-term contracts with Madonna, Jay-Z and U2. Previously it was rumoured that the company is planning to make a deal with The Rolling Stones, but it’s management had denied it.


