Shakira, who is already one of the highest-earning stars in the music industry, is set to sign a 60-million-dollar three-album deal with Sony Records. According to the New York Post, the Colombian singer and concert promoter Live Nation are expected to sign on the dotted line for a three-album deal with Sony, the Daily Mail reported.

The 'Hips Don't Lie' hitmaker left Sony in 2008 to sign a 10-year deal with Live Nation, estimated to be worth between 70 million and 100 million dollars. But this new deal will see both companies work alongside each other on her future projects and take a 50 percent cut. Shakira, 35, is about to release her eighth studio album having teamed up with dance producer DJ Afrojack and last week she released the video for her latest single 'Addicted To You'.

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The 'Hips Don't Lie' hitmaker will continue to be one of the biggest earning stars in the music industry if she and concert promoter Live Nation put pen to paper on the three-album deal with Sony, which will see the two companies work together on her future projects.

Shakira is one of a handful of superstars, including Madonna and Jay-Z, who have ditched their record labels in recent years to sign huge contracts with Live Nation, who will get a cut of the revenue from merchandise, sponsorships and concerts, the New York Post reports.

The Colombian beauty previously left Sony to sign a 10-year deal with Live Nation, estimated to be worth between $70 million and $100 million, back in 2008. Last month, the 'Addicted to You' singer took home four prizes at the Billboard Latin Music Awards - Female Songs Artist of the Year, Female Albums Artist of the Year, Solo Latin Pop Songs Artist of the Year, and Social Network Artist of the Year - and she recently teamed up with DJ Afrojack to work on new material.

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Shakira is taking cues from Madonna and Jay-Z: she'll forgo standard music-industry convention and issue her records through Live Nation and her former label, Sony, According to THR sources, the mega-concert promoter is nearing a projected $30 million-deal with Sony to release Shakira's next three albums, thereby giving Live Nation a cut of the profits from sponsorships, merchandising and music recordings. The companies will divide the sales, with Sony as distributor. The New York Post first reported the news Monday morning.

In 2008, Shakira left Sony's Epic label to sign a 10-year deal with Live Nation, numbered at between $70 million and $100 million. Last December, Live Nation's chief executive, Michael Rapino, brokered an estimated $30 million deal with Universal Music Group to record and distribute Madonna's new album, MDNA. Shakira, the multi-platinum songstress behind such hits as "Hips Don't Lie," released her latest music video for the single "Addicted to You" last week; in April, she took home four trophies at the Billboard Latin Music Awards in Miami. Among the honors were Song Artist of the Year, Female; Albums Artist of the Year, Female; Latin Pop Songs Artist of the Year, Solo; and Social Artist of the Year.

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Concert giant Live Nation is close to a multimillion-dollar deal with Sony to release Latin pop diva Shakira’s new albums, The Post has learned. Shakira was among a handful of superstars, including Madonna and Jay-Z, to ditch their traditional record backers and sign huge rights deals with Live Nation in recent years. The broad contracts gave Live Nation a cut of the revenue from merchandise, sponsorships and even recorded music, in addition to concerts. However, Live Nation never developed the ability to record and distribute albums so it has had to team up with traditional record companies to make its mega-money “360 deals” work.

Live Nation’s three-album Shakira deal with Sony could be worth as much as $60 million with the two partners agreeing to split sales, according to sources close to the talks, although some Sony insiders say the deal is worth less than that amount. A Live Nation spokeswoman declined to comment.

The agreement also marks a sort of homecoming for Shakira. In July 2008, the Colombian songstress behind hits such as “Hips Don’t Lie,” and “Whenever, Wherever,” bolted Sony’s Epic label for a 10-year deal with Live Nation valued between $70 million and $100 million. Meanwhile, Live Nation, backed by John Malone’s Liberty Media, is going back to its roots in concerts and ticketing after recognizing that it can’t match the labels’ prowess in the recorded music realm, according to sources.

In December, Live Nation CEO Michael Rapino signed an estimated $30 million deal that had Universal Music Group distribute Madonna’s latest album, “MDNA.”Live Nation is expected to report first-quarter earnings on Wednesday. The summer concert season is shaping up to be a bit better than in 2011, which followed a disastrous 2010 amid the recession and high ticket prices.

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Warning to Kate Upton: Shakira is seeing your Cat Daddy dance and raising you the following music video for "Addicted to You."The pint-sized artist has come out with the video for her latest single and, as always, it's far from unsexy. Watch now, as Shakira - with a shorter haircut than usual - shakes her hips and dances with that belly:

“Me besaste esa noche/Cual si fuera el último día de tu boca/Cada que yo me acuerdo/Yo siento en mi pecho el peso de una roca,” Shakira sings in the song, lyrics that translate to: “You kissed me that night/As if it were the last day of your mouth/Everytime I recall/In my chest I feel the weight of a rock.”

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Univision will as usual punctuate its upfront presentation with an A-list musical performance. This year, not only will the top-rated Spanish language broadcaster have Pitbull entertaining Madison Ave. executives, but the rapper will share the bill with Shakira.

The announcement came Tuesday morning via an internal video message from Univision news anchors Jorge Ramos and Maria Elena Salinas. Univision is known for its lively upfront presentations. Pitbull performed last year and Ricky Martin was the musical act in 2010. With the U.S. Hispanic population surpassing 50 million, according to the 2010 Census, Spanish-language media is on a major growth curve. And Univision expects to write double-digit gains in upfront sales this year. Last year, Spanish language media raked in $2.15 billion at the upfront with Univision accounting for $1.75 billion of that total. It was a new upfront record for Spanish-language networks, but still a fraction of $9.2 billion take for English-language broadcasters. The Univision upfront is May 15 at 11 a.m. at the New Amsterdam Theatre.

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Winners for 2012 Billboard Music Latin Awards were revealed in a ceremony airing April 26. Don Omar and Prince Royce took home the most gongs with a total of eight each, while Shakira grabbed four prizes. Other artists who got multiple kudos included Mana with five, as well as Wisin & Yandel and Lucenzo with three each.

Out of those winners, it was Prince who brought home the top honor, Artist of the Year, after a fierce battle against Romeo Santos, Mana and Shakira. New Artist of the Year, meanwhile, went to Mexican band La Adictiva Banda San Jose de Mesillas after they beat Calibre 50, Il Volo and Violento.

LMFAO won Crossover Artist of the Year over Katy Perry, Rihanna and Alexandra Stan. Meanwhile, Enrique Iglesias was awarded with Touring Artist of the Year honor. Pitbull, who received 14 nominations in 12 categories, didn't walk home empty-handed as well as he was crowned Song Artist of the Year, Male.

The event took place at the BankUnited Center in Miami. Don Omar, Prince Royce, Pitbull performed live along with Juanes, Michel Telo and Marc Anthony. In addition to singing, the estranged husband of Jennifer Lopez attended the show to collect a Billboard Hall of Fame Award for his global, artistic influence.

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Shakira broke up with her longtime beau broke up in early 2011, so this year the petite singer made Zimbio's 100 Hottest Celebrity Couples list with a new man, soccer star Gerard Pique. They placed at No. 32 with the help of popularity and good looks.

There might be 15 inches and 10 years between them (she's 5-foot-1 and 35, he's 6-foot-4 and 25), but they do have some serious chemistry. They love showing off for the cameras, perhaps a little too much. Apparently some vacation pictures of the couple got the Barcelona player in some hot water with his team in March. But these two started dating soon after Shakira split from Antonio de la Rua after 11 years, and rebound relationships rarely last. Just ask Jennifer Lopez.

Speaking of J. Lo, she also made our list with a new man this year. She and Marc Anthony rounded out the top 10 on last year's list and a lot has changed since then. The couple split in July 2011 and by the time Thanksgiving rolled around both stars had found hot 24-year-old rebounds. Lopez's new man, Casper Smart, was one of her backup dancers. Now, he's traveling the world with her (not in a bus) and she even bought him a tricked-out truck for his birthday. The tattooed dancer also starred in Lopez's music video for "Dance Again." That said, the odds of this blazing hot romance keeping the heat aren't exactly high.

What makes a couple hot? Well in the case of our list, we look at four criteria: Popularity, Success, Attractiveness, and Staying Power. Through a complicated system best described as "science," we come up with a score for each category and add the whole lot together to come up with a total score for each couple, which ultimately decides their rankings. Check out the infographic below for a more detailed explanation, and see our full feature here.

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Shakira can be added to the list of celebrity startup investors. She, along with Jay-Z and Jay Brown's Roc Nation, Will Smith's Overbrook Entertainment, and tech influencers like Twitter co-founder Biz Stone and ShoeDazzle's Brian Lee, have invested in Viddy. They've joined in a $6 million Series A round of financing that was announced in February. Viddy is a startup that's a lot like Instagram for video. It's an easy way to share videos on mobile devices, and it even has filters to make the videos look better.

"We help people capture 15 seconds of their life," co-founder Brett O'Brien told Business Insider. "Instagram has photo features and Viddy has production packs."Viddy launched last year and has about 10 million registered users. It's one of the top free photo and video apps in the App Store, behind Instagram. It hasn't been all smooth sailing for Viddy though. In February it was yanked from the App Store for hosting too much porn. After 36 hours and some cleaning up of the content, Apple reinstated Viddy.

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Shakira is certainly paying for flubbing the Colombian anthem at the Americas Summit earlier this week, as now a video game has been created inspired by her flub. Peopleenespañol reports that, on the website liberenaublime.com, people can play a video game that takes off from the lyrics the Colombian singer actually uttered:  “la libertad de ublime” --instead of “libertad sublime.”

As the online game begins, Shakira’s voice is heard singing Colombian’s national anthem -- with the flubbed lyrics. An animated character then declares “Shakira has inspired me! I must save Ublime,” and sets off to do so. The player must keep him on track and make sure he does not fall into the jungle as the curves and obstacles he faces get bigger.

Shakira pulled her Christina Aguilera moment at the VI Summit of the Americas. To make matters worse, an edited and dubbed version of the performance has reappeared in Shakira’s official YouTube, showing Shakira singing the correct words.

In did not take long for the small flub to hit Twitter, as fans could not believe the Colombian native messed-up her national anthem. “Shakira needs to be told to learn the [Colombian] national anthem,” tweeted a fan named Juan Carlos Iragorri. “The words are “en surcos de Dolores” not “el surco…”

Turns out Shakira misfires in two different sections of the Colombian anthem. Instead of singing “¡En surcos de Dolores,” Shakira said “El surco de Dolores.” The Baranquilla-born singer also sang: “La libertad de ublime,” instead of saying “La libertad sublime.”

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