Adele is reportedly leaving XL Recordings to sign with Sony in what could be the biggest ever deal for any British or female artist.
With her existing contract coming to a close, she’ll apparently ink a deal worth £90,000,000. Yep, ninety million.
“We’ve secured Adele, who’s without doubt the biggest music star in a generation. This is massive.” A source from Sony Music told The Sun, “Adele’s deal with her original label XL expired and we’d an existing relationship with her in America. 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.”
Adele reportedly made £35 million last year through touring and record sales. She’s basically keeping the entire music industry propped up at this point. Thanks, Adele. [sc name=”stopper” ]