In early 2008, Forbes named Shakira the fourth top-earning female artist in music industry. Then, in July of that year, Shakira signed a $300 million contract with Live Nation, which was to remain in effect for ten years. The touring group also doubles as a record label which promotes, but does not control, the music its artists release. Shakira's contract with Epic Records called for three more albums as well – one in English, one in Spanish, and a compilation, but the touring and other rights of the Live Nation deal were confirmed to begin immediately.