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Madonna to release new album

Los Angeles - Madonna is finally going to make good on her promise to produce new albums under an all-encompassing rights deal worth $120m that she signed with concert promoter Live Nation more than four years ago.

Madonna will release a new album in late March through Universal Music Group's Interscope Records, the label said on Thursday.

Live Nation Entertainment will participate in the profits, if the album does well.

It's her first album in five years. It will follow the late January release of the single Gimme All Your Luvin'.
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