The deal don't lie: Shakira set to sign a $60million three-album deal with Sony Records

The deal don't lie: Shakira set to sign a $60million three-album deal with Sony Records





She is already one of the highest-earning stars in the music industry.

But Shakira could soon see her financial standing rise considerably as she gets set to sign a deal with Sony for $60million.

According to the New York Post, the Colombian singer and concert promoter Live Nation are expected to sign on the dotted line for a three-album deal with Sony.


High earner: Shakira, seen here at the Latin Grammy Awards last month, is set to sign a $60m deal with Sony and Live Nation

She left Sony in 2008 to sign a 10-year deal with Live Nation, estimated to be worth between $70 million and $100 million.

But this new deal will see both companies work alongside each other on her future projects and take a 50% cut.


Shakira, 35, is about to release her eighth studio album having teamed up with dance producer DJ Afrojack and last week she released the video for her latest single Addicted To You.



Sexy star: Shakira in the video for her new single Addicted To You - she will release her eighth album this year

Shakira is the latest star in recent years to sign deals with Live Nation.

Madonna and Jay-Z have both parted ways with their record labels to sign huge contracts with the promoter.

Last month, Shakira won our prizes at the Billboard Latin Music Awards - Female Songs Artist of the Year, Female Albums Artist of the Year, Solo Latin Pop Songs Artist of the Year, and Social Network Artist of the Year.







Savvy stars: Both Madonna and Jay-Z ditched their record labels to sign huge deals with Live Nation




By [url=http://www.dailymail.co.uk/home/search.html?s=&authornamef=Georgina Littlejohn]Georgina Littlejohn[/url]


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