Madonna Signs With Interscope For Three Albums

Madonna has signed a deal with Interscope to release her next three albums for $1 million per record, reports New York Post.

The multi-hyphenate entertainer left her longtime label Warner Bros. in 2007 and immediately signed a lucrative deal with Live Nation that will cover tours and merchandsising. She will still require a label, Interscope, which is also home to Lady Gaga, to release her albums.

Madonna's latest single, the ballad "Masterpiece" is heard over the end credits of W.E., the lush romantic drama she directed that will be released in February. She has said the song will be included on her next album, which is expected to be released in early 2012.