Adele to sign a $130 (£90m) million record deal with Sony’ taking her fortune to £175million
23rd May 2016 In The News,Instrumentalist,Music Business News,Music News,New Albums,New Singles,Our Picks,Pop,Pop Soul,Pop Soul,R & B,Rock and Pop,Singer,Singers and Vocalists,Songwriter,Soul,Videos,Vocals
Adele has reportedly landed a massive £90million record deal with Sony.
It would be the biggest deal that’s ever been given to a British musician.
Adele, who is already worth an estimated £85million, is believed to be putting pen to paper on the lucrative contract in the next few weeks.
“We have secured the biggest music star in a generation. This is massive. Adele’s deal with her original label XL expired and we’d an existing relationship with her in America,” a Sony source told The Sun.
“The deal is being worked on by our Columbia label in the US, but is worth £90million and gives Sony the rights to release her future music exclusively around the world.”
Another source added that the brains behind the deal was her manager Jonathan Dickens.
“Jonathan’s been putting it together for a couple of years. He was very aware of her worth in the market and stood firm to push for the £90million.”
Just behind Adele, former Take That star Robbie Williams announced an £80million contract with EMI in 2002 which saw him produce four albums.
Over in America, Michael Jackson signed a massive £164million contract with Sony Music in 2010.
While the late Whitney Houston landed a £70million deal in 2001.
Mirror Celebs contacted a spokesperson for Adele who declined to comment.
Watch Adele’s New Single Send my Love (To your new Lover) taken from the album 25