Adele Breaking Yet Another Record "Signs Mega Deal".
Adele has come a long way for a 28-year-old in her career.
The "Hello" singer is reportedly set to sign a recording
deal with Sony Music worth $130 million, which would made her both the largest
record deal for a British artiste and the largest amount of money for a woman,
beating Whitney Houston and Madonna.
Adele's previous contract with independent label XL expired with
her last album, "25," which broke just about every sales record it
could. So it's no surprise Sony scooped her up. It will get exclusive rights to
release her music going forward.
She might be big but she's not the biggest.
Check out the most
valuable record deals ever:
1. Michael Jackson — $250 million (2010)
Michael Jackson |
The deal was signed after Jackson's death, but
his estate's contract with Sony Music gives the label rights to his
indisputable catalogue, including reissues, as well as any posthumous new
releases, like 2014's "Xscape," which managed to land at No. 2 on US
charts.
2. U2 — $200 million (1993)
U2 |
The self-proclaimed "biggest band
in the world" really was that, for a time. Following the massive success
of "The Joshua Tree" and "Achtung Baby," Polydor signed the
band for a massive sum even by today's standards.
3. Lil Wayne — $150 million (2012)
Lil Wayne |
Cash Money rolled out the red carpet for Lil
Wayne years ago to keep the hip-hop star on its roster. But despite Wayne's
influence and his ability to bring in other hot commodities — such as Drake and
Nicki Minaj — the rapper is feuding with label head Birdman, saying Cash
Money refuses to release the long-delayed "Carter V."
4. Jay Z — $150 million (2008)
Jay-Z |
Live Nation grabbed the biggest name in
rap at the time for a hefty sum, but it wasn't just for his albums. The company
gets
a stake in his investments and acquisitions, publishing rights, and money
from his highly lucrative tours.
5. Bruce Springsteen — $150 million (2005)
Bruce Springsteen |
Several decades into his career, The
Boss and his E Street Band are still able to reach the top of Billboard's
albums chart, which is good news for Columbia, which gave them a
blockbuster-size deal for recordings a little over a decade ago.
6. Adele — $130 million (2016)
Adele |
Assuming her deal
goes through, Adele will have the largest recording deal for a Briton and for a
woman. After breaking every record in sight with sales of her last album,
"25," and given her cross-generational appeal, we'd say she deserves
it.
7. Robbie Williams — $125 million (2002)
Robbie Williams |
The second-largest
deal for a British artist goes to Robbie Williams. Though he might not seem so
relevant now, he was a certified heartthrob back at the turn of the millennium
who had a golden touch when it came to selling records. After he signed the
deal, EMI got his biggest international hit to date, "Feel."
8. Madonna — $120 million (2012)
Madonna |
Similar to its deal with Jay Z, Live Nation in its "360 deal" paid for not just Madonna's future albums — which continue to sell — but also for rights to promoting her high-ticket world tours.
9. Whitney Houston — $100 million (2001)
Whitney Houston |
Houston signed the biggest deal in the history of label Arista at the time, with a multi-album contract. Sadly, this would be the start of a downward spiral for the artist, who managed to release only three more albums before she died in 2012.
10. Prince — $100 million (1992)
\The Prince |
The Purple One took in more than Michael Jackson or Madonna in his
deal with Warner Bros., which came after his hugely
successful "Batman" soundtrack for the company. But the brilliant
late musician frequently battled with his label for control of his music and
identity.
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