More information surfaced Wednesday on a possible deal involving Live Nation and Madonna.
Sources involved in the negotiation first discussed the possible pairing with Digital Music News on July 11th, and pointed to a deal structure that traverses touring, merchandising, and even recorded assets.
The broad-based arrangement may carry a valuation “well past $100 million,” according to information received Wednesday. Meanwhile, sources noted that reporters within the New York Times are also investigating the tie-up, though it remains unclear what information they are gathering at this point. Other major news outlets may also be delving into the matter.