From the Daily Swarm::
October 16, 2007
Madonna's Live Nation deal official: 'The paradigm in the music business has shifted and as an artist and a business woman, I have to move with that shift'
LOS ANGELES, Oct. 16 /PRNewswire-FirstCall/—Live Nation’s President
and Chief Executive Officer, Michael Rapino officially confirmed today that
Madonna has entered into an unprecedented global partnership with Live
Nation and will become the founding artist in its Artist Nation division.
“The paradigm in the music business has shifted and as an artist and a
business woman, I have to move with that shift,” commented Madonna. “For
the first time in my career, the way that my music can reach my fans is
unlimited. I’ve never wanted to think in a limited way and with this new
partnership, the possibilities are endless. Who knows how my albums will be
distributed in the future? That’s what’s exciting about this deal—
everything is possible. Live Nation has offered me a true partnership and
after 25 years in the business, I feel that I deserve that.”