London, Dec 16 (ANI): Madonna has signed a new deal with Interscope Records to release her next three albums.
Her first album since 2008, will be released by the label, which is part of Universal Records.
The 53-year-old singer, whose new single is due out next month, will, however, continue her 10-year partnership with Live Nation, which was started in 2007.
The new deal is said to be part of a "broad plan" for the star's career, which includes the Live Nation deal covering music, tours, merchandise and other commitments.
It is said to be worth around 100m dollars, while it is estimated that music releases make up around 40percent of this total.
Madonna's manager Guy Oseary hoped for a bright future with the new partnership.
"We anticipate a very bright future at our new home," the BBC quoted Oseary as saying.
Interscope chairman Jimmy lovine said the deal was a rare opportunity.
"Very rarely does an opportunity like this come around," lovine stated.
Madonna's new single, Gimme All Your Luvin', will be released at the end of January, ahead of her half-time performance at the Superbowl. (ANI)
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