U2 sign deal with Madonna's 'label'
U2
Band announce groundbreaking live contract
U2 have inked a 12-year deal with Live Nation, the concert promoters who recently signed a groundbreaking touring and recording contract with Madonna.
The contract, signed for an undisclosed fee, will cover the Irish rockers' merchandising, digital and branding rights, with the band continuing to release records through Universal.
"We've been dating for over 20 years now," singer Bono told BBC News. "It's about time we tied the knot."
"U2 has created some of the greatest rock music of all time," added Live Nation chairman Michael Cohl. "It has long been our intention to consolidate and extend our relationship."
Madonna signed a groundbreaking $120m (£60m) '360 degree deal' with Live Nation last year - a contract that combined her recording, publishing and touring revenues.
The contract, signed for an undisclosed fee, will cover the Irish rockers' merchandising, digital and branding rights, with the band continuing to release records through Universal.
"We've been dating for over 20 years now," singer Bono told BBC News. "It's about time we tied the knot."
"U2 has created some of the greatest rock music of all time," added Live Nation chairman Michael Cohl. "It has long been our intention to consolidate and extend our relationship."
Madonna signed a groundbreaking $120m (£60m) '360 degree deal' with Live Nation last year - a contract that combined her recording, publishing and touring revenues.
U2 tickets:
- Aug 14, 2009 16:00 at Wembley Stadium, London - Buy from Seetickets
- Aug 15, 2009 16:00 at Wembley Stadium, London - Buy from Seetickets
- Aug 18, 2009 17:00 at Hampden Park, Glasgow - Buy from Seetickets
Michael Jackson Tribute Special + 24-Page Glastonbury 2009 Review, On Sale Now
Subscribe here or get this week's issue delivered to your door
U2 cover Michael Jackson as they kick off world tour - video
Album Review: U2
U2 - magnificent (Live)
Add your comment
Please sign in to add your comments or register to have your say.