Ray Waddell from Billboard Bizz has the exclusive:
It looks like Madonna is preparing to enter the studio to record a new album, the first under her $100 million multi-rights deal with Live Nation, which another lucrative tour seems likely as well.
“They tell me Madonna is about to record, so there could be another Madonna cycle coming,” Live Nation Entertainment Chairman Irving Azoff told Billboard.biz during an interview earlier this week. Asked if the Madonna album would come through Live Nation, Azoff responded, “Yes,” meaning Madonna’s album could be the first recorded content overseen by Live Nation. The Zac Brown Band’s LP “The Foundation” was initially geared to be a Live Nation project in 2008, but the company folded its label division with the exit of then-chairman Michael Cohl and the record ended up on Atlantic.
Azoff’s news was echoed by Madonna manager Guy Oseary this week via Twitter: “The update is that Madonna can’t wait to get into the recording studio. This will happen as soon as she finishes the movie she directed.”
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