SHAKIRA - SHAKIRA SET FOR LIVE NATION DEAL

The ALAS foundation hosts the Concert for Children to benefit improverished children in Argentina
Buenos Aires, Argentina ....
Pop star SHAKIRA is reportedly in talks to sign a multi-million dollar (pound) deal with concert promoter Live Nation.
The Colombian beauty could join an elite league of music heavyweights including Madonna, Jay-Z and U2 if the deal goes ahead.
According to the New York Post, the singer - whose deal has been valued at over $70 million (GBP35million) - has agreed to terms including recording, touring, merchandising and other rights.
It is believed a deal could be announced within weeks after 10 months of talks.
Shakira is obligated to release another English-language studio album under the terms of her current contract with SonyBMG's Epic Records. This will be released next spring (09). The label also plans to release a greatest hits album.
A spokesman for Live Nation and Shakira declined to comment on the deal.
07/01/2008 07:11:23 PM
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