Madonna's new album gets a sweet name

Dec 7, 2007, 13:30 GMT

A file photograph dated 07 July 2007 of US singer Madonna performing at Wembley Park Stadium in London, Britain, as part of the Live Earth Concert. Madonna and concert promoter Live Nation Inc. announced a deal on 16 October that will give Live Nation a stake in her albums, tours, merchandising, films and other music-related projects. Financial terms were not disclosed in the joint statement released by Madonna and Live Nation. A person familiar with the agreement previously told the Associated Press it was worth about $120 million over 10 years. The official announcement came after weeks of speculation that the Material Girl would abandon Warner Music Group Corp., which refused to match the Live Nation deal. Madonna said in the statement that she was drawn to the all-encompassing deal with Live Nation because of the changes the music business has undergone in recent years. EPA/DANIEL DEME *** Local Caption *** 00000401059553

Madonna's new album will be called 'Licorice'.

The 'Hung Up' singer has revealed the candy-inspired title and confirmed the LP, her final release with record company Warner Music Group Corporation, will be released next April.

Kanye West will guest on 'The Beat Goes On', while previously unreleased song 'The Devil Wouldn't Recognize You' will also feature.

Two tracks from the album, 'Candy Shop' and 'The Beat Goes On', were played on Larry Flick's Sirius Satellite Radio Show yesterday (06.12.07) although the Kanye version is yet to be recorded.

Earlier this year, Madonna signed a $120 million recording and tour deal.

The 'Material Girl' singer received the huge offer from live entertainment promoter Live Nation Incorporated.

Madonna's outstanding contract with Warner requires her to produce one more studio album and a greatest hits record.

Live Nation's 10-year deal promises Madonna, 49, a signing bonus of around $18 million and a $17 million advance in cash and stocks for each of the three albums stipulated in the contract.

Live Nation will own the rights to sell Madonna's merchandise and license her name, and any profits split between the singer and the company.

They are also set to pay $50 million in cash and stock to promote Madonna's tours.

(C) BANG Media International