Music Gear News

At Gear4music.com we update our news channel daily to ensure you always get the latest and most important music news.

Madonna's one billion dollar jackpot?

Madonna could earn $1 billion - making her the third richest female entertainer in the world - by signing up for a five year residency in Las Vegas.
Great deals on musical instruments

Madonna could earn $1 billion by signing up for a five year residency in Las Vegas.

The 'Celebration' singer is said to be in discussions with promoters to establish a run of shows in the glitzy US gambling capital.

If Madonna signs the deal she will be following in the footsteps of other performers such as Elton John, Cher and Celine Dion, who have all made huge sums through Vegas contracts.

If the rumours of the contract being worth $1 billion are true, it would push 52-year-old Madonna up the list of highest earning females in the world. Currently, with an estimated fortune of £208 million, she is in fourth place behind talk show host Oprah Winfrey, host and publisher Martha Stewart and British 'Harry Potter' creator JK Rowling.

It is not known if a Las Vegas residency would conflict with the 'Material Girl' singer's current ten year touring contract with promoters Live Nation, signed in 2007 for a reported £80 million.

Whether she appears in Vegas or not, the singer plans to keep touring and recently auditioned for dancers in London to appear in a proposed tour next autumn.

A source said: "It's going to be her biggest, most unexpected tour to date. She is going back to her New York City roots, with a street/hip-hop feel, and wants to make it a physical, dance-heavy set of gigs."

The as-yet unnamed tour - which is part of Madonna's deal with Live Nation - is expected to net the singer in excess of £100 million.

The singer's last world tour - 'Sticky and Sweet' - finished last September and grossed an estimated $400 million in ticket sales.

Posted on 20 Aug 2010 10:00 to category : Band / Celebrity News

Related Music News

thumbnail

Former Skid Row frontman Sebastian Bach Spills the Beans On His Less Than Complimentary Thoughts Towards Today's Rock Musicians and Their Work Ethic In the Studio

11 Jan 2017 11:33
thumbnail

The prestigious Rock and Roll Hall of Fame induction will be honouring several artists this year, including prog legends Yes. Rick Wakeman has stated that he will not be attending.

3 Jan 2017 16:45
thumbnail

Laying the foundations for generations of artists to follow, the legendary musician Leonard Cohen has passed away from unspecified causes.

11 Nov 2016 10:48
thumbnail

Stating it as more of a necessity for the band, M. Shadows highlights the importance of not stagnating and keeping things exciting

31 Oct 2016 16:10
thumbnail

Cancelling his remaining shows in December due to ill health, fears arise over the guitar legends health

26 Oct 2016 13:08
thumbnail

Verified by the guitarist himself, Slash's B.C Rich played a pivotal role in Guns N' Roses rise to fame

10 Oct 2016 16:17

Recent Music News

thumbnail

Revealing their new range of highly affordable S series, Gibson dish the dirt on their 2017 Line up including the Traditional Series, High Performance Series and more.

16 Jan 2017 13:11
thumbnail

Ideal for those players who flourish in an intuitive education environment, Flowkey puts you in charge of your learning offering a variety of insightful tools.

13 Jan 2017 16:14
thumbnail

The Sonzera series consists of a 50W combo, 50W Head and 20W combo.Used by Black Stone Cherry and Snarky Puppy, expect professional grade tone right off the bat

13 Jan 2017 13:25
thumbnail

Unconventional being what Ibanez do best, the SRAS7 brings the best of both worlds to the modern musician with its combination fretless and fretted fretboards,

12 Jan 2017 10:52
thumbnail

With a variety of new additions to their 2017 line-up, Korg spill the beans on their new revamps, updates and products that are to be appearing at NAMM

12 Jan 2017 08:34
thumbnail

With a stellar 2017 line up at hand Vox have yet again proved to be the masters of innovation, providing a solid mix of classics and contemporary twists

12 Jan 2017 08:34