Madonna’s revving up for her new album, with a new record company.
CNN reported the “Material Girl” will release her next album in March under a $120 million deal she signed with Live Nation four years ago.
Universal Music Group’s Interscope Records will produce it.
According to the Washington Post, Live Nation will profit from the album’s sales if it does well.
Madonna hasn’t released an album in four years, her last one being 2008’s Hard Candy. The new album will be her twelfth and is part of a three-album deal with Interscope.
The first single from the yet to be named album will be “Gimme All Your Luvin” and will be released in January. The 53-year-old also has a Super Bowl performance on February 5 where she will undoubtedly be promoting her upcoming album.
The “Like a Virgin” singer parted ways with longtime record company, Warner Music Group, and was one of the first artists to join Live Nation, including Jay-Z, Shakira, Nickelback and U2.
Madonna’s manager, Guy Oseary, said he and his client “couldn’t be happier” with the new agreement and “anticipate a very bright future at our new home.”
Live Nation is probably thinking the same. Her last tour, 2008’s Sticky & Sweet, took in more than $400 million and made it the most successful tour from a solo artist.
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