Shakira to Sign Multi-Million Dollar Deal with Live Nation

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Shakira is about to become a whole LOT richer. Shakira is reportedly in talks with Live Nation for a $70 million dollar deal in which she'll be obligated to release another English-language studio album next Spring.

According to the New York Post, Shakira has agreed to terms including recording, touring, merchandising and other rights. The label also plans to release a greatest hits album.

Shakira joins heavy weights like Madonna and Jay-Z, who are also signed with Live Nation.