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Madonna ditches
Maverick, has her music leaked

Madonna ditches
Maverick, has her music leaked

The Queen of Pop has sold her stake in label Maverick Records to her bosses at Warner Music Group, according to

Warner had partial ownership of Maverick but bought back Madonna's stake in the label. Madge, along with her business partner Guy Oseary, owned 60% of the label to Warner's 40. Maverick is the home of Alanis Morissette and U.K. dance-rock outfit the Prodigy.

Maverick filed suit against Warner in March, claiming Warner mismanaged the label and cost Madonna and Oseary millions. Warner countersued, saying Maverick cost them millions of dollars. The buyout resolved the dueling lawsuits.

In the midst of all this, rumors are swirling in the record industry that cash cow Madonna is about to leave Warner for a new label. And to add to the drama, one of Madonna's new songs off her upcoming album for Warner--a Pharell produced track called "And the Beat Goes On"--was leaked to the blogosphere on Wednesday. (The Advocate)

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