I’m so sick of the disgustingly rich. It’s hard not to be bitter in this sucky economy… Jay-Z just signed a 10-year contract with Live Nation worth $150 mil: a chunk of stock, $5 million per year for “overhead,” $25 million for acquisitions and investments, $10 million an album (for a three-album deal), and $20 million for publishing, licensing, and other rights.
Madonna also signed a 10-year contract with Live Nation worth $120 mil: rumored terms include a signing bonus of about $18 million and a roughly $17 million advance for each of three albums. She also owes Warner Brothers another album plus a greatest hits CD. She’s also negotiating a 2-concert deal in Dubai that will pay $24 mil. If the concert is 90 minutes, that’s $133,333 A MINUTE. All I got to say is, FTS, how about slippin’ me a $50 just for posting this and giving you free press on our super cool blog site? That’ll cover my drinks for the weekend as I attempt to guzzle away my broke ass blues. Send it here:
Synthesis.net: Ms. Nickels
210 West 6th Street, Chico, CA 95928
K, thx! [du]Bai!