Madonna is known for continuously reinventing both her music and image, and for retaining a standard of autonomy within the recording industry. She attained immense popularity by pushing the boundaries of lyrical content in mainstream popular music and imagery in her music videos, which became a fixture on MTV. Critics have praised her diverse musical productions which have also been known to induce controversy.
Madonna received generally positive reviews for her role in Desperately Seeking Susan (1985), though her later film appearances received mixed commentary. She received critical acclaim and a Golden Globe Award for Best Actress in Motion Picture Musical or Comedy for Evita (1996), but has received harsh feedback for other performances. She has been recognized as an acclaimed businesswoman, involving herself in fashion design, writing children's books, and film directing and producing. In 1992, she founded entertainment company Maverick as a joint venture with Time Warner, which also included the label Maverick Records. In 2007, she signed a US $120 million record, touring and merchandising 360? deal with Live Nation, resulting in her leaving Warner Bros., her label since 1982.
Madonna has sold more than 300 million records worldwide and is recognized as the best-selling female recording artist of all time by Guinness World Records. Time included her in its list of the "25 Most Powerful Women of the Past Century" due to her major influence in contemporary music. Madonna is the best-selling female rock artist of the 20th century and the second best selling female artist in the United States, with 64.5 million certified albums. Considered by Forbes and other publications as a cultural icon, she is often referred by the international press as the "Queen of Pop". In 2008, Billboard ranked her at number two, behind only The Beatles, on the Billboard Hot 100 All-Time Top Artists, making her the most successful solo artist in the history of the chart. She was also inducted into the Rock and Roll Hall of Fame in the same year. In 2012, she was crowned the "Greatest Woman In Music" by VH1. As of 2013, some sources report that Madonna's net worth has crossed over one billion dollars. Forbes magazine named Madonna the fifth most powerful and the highest earning celebrity of 2013 with net earnings of $125 million between June 2012-13.
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