Maddonna might leave her record label

[valerie davenport]

Madonna is planning to leave her record label Warner Music group, according to reports.

The 'Like A Virgin' star will honour the end of her contract at Warner and then look for another company, claims her publicist Liz Rosenberg.

It is reported that the singer will release her forthcoming eleventh solo album on Warner followed by a third greatest hits selection before parting ways.

Rosenberg told Fox News: "Once that's done, Madonna is a free agent. Her management is considering a move to another company."

The pop icon is rumoured to be considering a switch to the promotions and venue company LiveNation in a deal worth £50 million.

[valerie davenport]

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Madonna confirms talks


Madonna is considering a number of possible destinations for her future music career as her deal with Warner Brothers nears completion, it has been confirmed.

The Queen of Pop has been the subject of many industry rumours in recent weeks, suggesting she might be about to ink a new multi-million dollar deal.

The news has accompanied reports that she will release her new album later this year and another greatest hits compilation too.

Her official spokesperson has now clarified the rumours, stating Madonna will become "a free agent" in the near future.

She explained: "Madonna has a new CD coming out on Warner Brothers Records at the end of this year and early next year. She also has a greatest hits package on Warner.

"After that she is a free agent and I believe her managers are in talks with Warner Brothers as well as Live Nation regarding her future as a recording and touring artist."

Madonna is understood to have been working on the follow-up to "Confessions On A Dancefloor" for some months, with Timbaland and Justin Timberlake.