Sony and Live Nation are all set to high five each other on a deal well done. Shakira is close to signing a deal that would lock her into a contract with both companies, which will release her next album. The two companies will share the profits from the album, merchandising, and sponsorships. It’s unclear as to how much Shakira will be making from the deal, but it said to be anywhere between $30-$60 million.
Source: rollingstone.com
via insidepulse.com
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