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Moby’s Not So Sold on the Material Girl

October 16, 2007

Citing the agreement between Madonna and Live Nation, signed on October 16, Moby says, “I’m not criticizing Madonna, not at all, but sometimes I wonder what people do with their excess money…”.With a net worth of some $350 million, Madonna certainly didn’t make the agreement for the sake of her retirement fund…or her grandkids’ retirement funds for that matter. Often dubbed a chameleon, Madonna is well known for her ability to mold her image to current trends. This represents another groundbreaking move on the part of the singer; she’s the first superperformer to make her exodus from a record label to an “all-in-one” company like Live Nation.

When asked about the deal, Madonna had this to say:

“The paradigm in the music business has shifted and as an artist and a business woman, I have to move with that shift,” Madonna said. “For the first time in my career, the way that my music can reach my fans is unlimited. I’ve never wanted to think in a limited way and with this new partnership, the possibilities are endless.”

So to answer Moby’s query, when people have an extra $120 million, they seem to give it to Madonna. As for the underlying question “Is she worth it?”, we’re a long way from knowing. She still has one more studio album to make for Warner Brothers plus a greatest hits album.

Written By: Tyler Kenney

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