Madonna's Label a $66 Million Loser -Court Documents
Madonna's Maverick Records label, home to the Material Girl as well as Alanis Morissette and Michelle Branch, has lost $66 million since 1999, according to recently unsealed court documents filed by its adversary and partner, Warner Music Group. The documents relate to the latest spat in the 12-year-relationship between Maverick and Warner Music, which was recently bought from Time Warner Inc. by an investment group led by Edgar Bronfman, Jr. Madonna is shown performing Aug. 28, 2003.

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