According to Showbizz.net, Madonna made the decision to leave Maverick Records, the label that has been on her albums for twelve years. Warner Music Group has officially proposed buying Madonna’s shares. This important transaction could mean a profit of $1 000 000 for the star.
The two companies, Maverick Records and Warner Music Group have been fighting for many months, and suing back and forth. According to Times, Madonna foresees leaving Warner to join the British company Live Nation, that specializes in promotions and concerts.