Madonna is reportedly set to return to Warner Records with a new, eight-figure deal on the table.
The pop icon launched her career back in 1981 under Warner, and went on to release 11 studio albums under the organisation. However, following the release of 2011’s Hard Candy, the star signed a three-album deal with Interscope, releasing her first record with the company, MDNA, in 2012.
Following the releases of Rebel Heart and last year’s Madame X, however, her contract has now come to an end and, according to The Sun, Madonna is set to sign back on with the former label.
A music insider said: “Madonna is still a force to be reckoned with. The fact is, she sells records, people around the world adore her and every label would love to have her on their books.
“Now that her deal with Interscope has come to an end, she is a free agent and can choose where to go next — and Warner feels like the best place given their history,” they explained.
“But Madonna comes at a hefty price. She can command big money and wants to make sure whatever deal she signs is the best thing for her and her music.”
The Vogue hitmaker is set to return to the charts this week with the release of her new remix of Dua Lipa’s track Levitating, The track is out Friday.
