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Live Nation has recently added more artists to its 360-deal repertoire. They inked a deal with Shakira that guarantees tours, merchandising, and recording rights, reportedly worth between $70m and $100m. She still has two albums and a greatest hits compilation owed to her current label, Sony BMG. Live Nation also signed Nickelback to a deal worth around $60m. This includes 12 artist rights such as touring, tour sponsorship, tour merchandise, tour VIP/travel packages, secondary ticketing, recorded music, clothing, licensing, and other retail merchandise. The group still has two albums left on its contract with Roadrunner Records. All of this is taking place after executive Michael Cohl resigned. This was apparently due to Cohl wanting to rapidly increase the number of these types of deals while chief executive Michael Rapino was in favor of a slower approach to the signings. Live Nation recently acquired the Main Square Festival in Arras, France. This brings the company's total of festivals around to 30.