Madonna Signed A $120 Million Recording & Touring Contract With Live Nation In 2007
On this day, 16 October 2007, Madonna signed a ground-breaking recording and touring contract with concert promoter Live Nation becoming the first major star to choose an all-in-one agreement with a tour company over a traditional record contract. The deal was reportedly worth $120m (£59m); over ten years, which would give Live Nation rights to all her music-related projects – including new albums, tours, merchandise, websites, DVDs, sponsorship, TV shows, and films.
Hey You, co-produced with Pharrell Williams, was one of the songs Madonna released in 2007.