Madonna Eyes Cash-Barter Deal
October 11th, 2007 · by Bob Meyer · No CommentsThe “material girl” is no slouch when it comes to her business endeavors. Superstar Madonna is reportedly leaving the Warner Music Group for a $120 million deal with the concert-promotion giant Live Nation for her recording and touring efforts.
The 10-year deal will include a barter component–Live Nation shares of stock (now selling at $24/share) or a partial ownership of the company. (A form of secondary capital.)
Madonna Also Trades On Her Name/Aura For Other Revenues
Incredibly, in addition to the $120 million agreement, Madonna knows the value of her stardom and will be enriched through her astute bartering for 90% of the concert revenue, 70% of merchandise sales, and 50% of all licensing efforts, like perfume brands, etc.
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