Nickelback agree Live Nation deal

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Nickelback agree Live Nation deal

Rex Features

Rock group Nickelback have agreed a "360-degree" deal with concert promoter Live Nation.

The contract, which will see Live Nation handle merchandising, licensing, ticketing, recording and touring for the band, is said to be worth between $50 million (£25 million) and $70 million (£35 million).

The Chad Kroeger-fronted act have shifted more than 26 million albums in their 12-year recording career. Their hits include 'How You Remind Me', 'Someday' and 'Rockstar'.

Popstar Shakira was also a recent addition to the Live Nation roster, which includes U2, Madonna and Jay-Z.
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