This gossip and commentary were published today in music industry publication HitsDailyDouble in the "Rumor Mill" section:

MADONNA WANNABE GONE: Insiders say Madonna was furious with Tom Whalley and Edgar Bronfman Jr. for dropping the ball on her last album, 2005's Confessions on a Dance Floor, especially in the U.S., where she sold less than 20% of her worldwide total of 8 million-plus. The acrimonious parting of the ways between WMG and her Maverick label, when they failed to show her any love, exacerbated her displeasure with the pair. That made for a sad final chapter to Madonna’s quarter-century run at WB—although her pain was undoubtedly eased by that $120 million she’s getting from Michael Rapino’s Live Nation in a deal negotiated by her attorney, Allen Grubman. On one level, adding record rights to the deal was a symbolic slap in the face to Whalley and Bronfman, but the move has bottom-line implications as well, considering the sizable worldwide numbers Madonna continues to tally. The loss of those sales constitutes a major blow to WMG, and it comes at a particularly inopportune time. (10/18p)


And then they added commentary on Edgar's comments on losing Madonna:

WHAT JUNIOR SAID: "We remain committed to maintaining financial discipline. We simply will not enter into agreements with artists that fail this test—whether or not the artists are well-known, and regardless of media reaction." —Edgar Bronfman Jr., rationalizing the loss of Madonna in an internal memo, reprinted Wednesday in the N.Y. Post. (10/18a)

WHAT JUNIOR MEANT: “We have no cash to make a deal of this magnitude, we have no expertise to execute this type of deal even if we could raise the cash, we know nothing about touring or branding and she would be crazy to take our stock cuz I have no clue about how to fix my company and this mess that I have gotten it into. The only 360 deals we can make are with new and developing acts that we can leverage our way into by threatening not to work their records upon release. Now, would anyone be interested in looking at my family photo album?” (10/18a)

Source:Drowned Madonna