Jonas Brothers sign $120 million-touring deal

Tween rockers will play more than 140 arena dates for Live Nation

LOS ANGELES - Concert touring company Live Nation on Thursday said it reached a two-year, multimillion dollar, worldwide touring deal with tween rockers Jonas Brothers.

Live Nation caused a stir in October when it lured pop star Madonna from her long-term music label Warner Brothers with an estimated $120 million multi-album, touring and merchandising global partnership.

The Los Angeles-based company said the deal calls for the band, comprised of three siblings from New Jersey, to play more than 140 theatres and arenas around the world.

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SOURCE:WMG

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SOURCE:MSNBC

SOURCE:REUTERS

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SOURCE: LIVE NATION