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Adele scores one of the biggest record deals ever

By
Richard Morgan
Published May 23, 2016, 4:16 p.m. ET

Adele’s going to be rolling in the dough with a $130 million contract that the best-selling singer is reportedly wrapping up with Sony Music.

Once signed, the contract will be the largest ever for a female singer — and the biggest awarded to a British musician.

Although Sony declined to confirm a deal, The Sun, which broke the story, quoted a Sony source as saying, “We’ve secured Adele” for its Columbia Records label.

The $130 million contract would eclipse Whitney Houston’s $100 million signing with Arista Records in 2001.

It would also give Adele the largest record deal for a British musician by surpassing the $125 million Robbie Williams received for signing with EMI in 2002.

The Sun’s Adele source called the singer “the biggest music star in a generation” — a claim supported by industry numbers.

Despite not being released until Nov. 25, Adele’s “25” album sold 17.4 million units in 2015 — five times more than No. 2 Ed Sheeran and No. 3 Taylor Swift — to become the world’s No. 1 seller.

Her previous outing, “21,” also achieved global domination after its release in January 2011, racking up worldwide sales in excess of 30 million.

Adele, 28, has been with XL Recordings, an independent English label, since the beginning of her career in 2006. But she also inked a deal with Columbia for US distribution after releasing her debut album, “19,” in 2008.

Manager Jonathan Dickens has reportedly been working on a new contract for Adele for a couple of years. And the recent expiration of her XL contract — combined with her success in the US with Columbia — have been credited with setting up a transition to Sony for exclusive global rights to Adele’s future music.