Live Nation Entertainment Confirm Three Album Licensing Deal With Interscope Records

Madonna will have a new album out in late March, it was officially confirmed today by Interscope Records. In one component of a very broad plan developed by long time manager Guy Oseary and Live Nation Entertainment, the Material Girl has signed a three album deal with Interscope Records. The new album, her first in five years, has been completed. "Gimme All Your Luvin", the first single from the album will be released the last week in January prior to her upcoming Bridgestone Halftime Superbowl appearance on February 5th. In 2007, Madonna signed a multi faceted deal with Live Nation that includes new studio albums, touring, merchandising, fan club/website, DVD's, music-related television and film projects and associated sponsorship agreements. "We look forward to a great partnership," commented Live Nation Entertainment's Chairman of Global Music & CEO, Global Touring Arthur Fogel. Oseary was equally enthusiastic: "We couldn't be happier to work with Jimmy Iovine, Lucian Grainge (Chairman & CEO, Universal Music Group) and the entire Interscope team. We anticipate a very bright future at our new home." Added Jimmy Iovine, Chairman of Interscope Geffen A&M. "Very rarely does an opportunity like this come around. We would like to thank Madonna, Guy and Live Nation for their belief in us." In other Madonna news, her upcoming film, "W.E." which she directed and co-wrote is scheduled for a wide release on February 3rd.