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Adele Signs $130 Million Sony Deal

$130 million dollars. That's the total of the record deal that Sony has reportedly signed with Adele. You can't blame her for taking the cash, but is it a smart. Continue reading [https://www.hypebot.com/hypebot/2016/05/adele-eyes-130-million-sony-deal.html]

Adelle$130 million dollars. That's the total of the record deal that Sony has reportedly signed with Adele. You can't blame her for taking the cash, but is it a smart move for Sony at a time when artists like Chance The Rapper are proving that they don't need a record label to have a hit?

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Adele has reportedly signed with Sony for a reported $130 Million. Neither side has confirmed the details, but a source at Sony told the UK's Sun, “We’ve secured Adele, who’s without doubt the biggest music star in a generation. This is massive.”

At age 19, Adele had signed with indie XL Recordings; but it was widely know that that deal was up this year.

Adele was the top selling artists in the world last year. This $130 million deal will double the singer's fortune, according to The Guardian.  A source also told the paper that the deal had been arranged through Sony’s US label, Columbia and “gives Sony the rights to release her future music exclusively around the world”.

MORE: Chance The Rapper's "Coloring Book" Debuts #8 With No Label And Streaming Only On Apple Music

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