Ivy Queen, perhaps the best known female reggaeton artist in the market, has signed a multi-album deal with Machete Music, the urban music imprint of Unviersal Music Latin Entertainment. Machete will release the singer’s upcoming album, “Drama Queen,” this summer.

The signing, which is described as a 360 deal and includes profit sharing in touring, sponsorships and merchandising, will have Ivy Queen releasing her first album in three years. She was previously signed to a distribution deal via Univision Records, which in turn, was acquired by Machete’s parent company, Universal Music Latin Entertainment, in 2008. Machete, the first urban label to be created under a major Latin music company, is celebrating its fifth anniversary this year.

“It’s a privilege to have Ivy Queen be a part of our artistic roster," said Walter Kolm, president of Universal Music Latino & Machete in a press release. "Ivy is an extraordinary woman with incomparable talent, and she's number one in her genre. We're happy to be able to work with her on her new album as well as future projects.”

“Drama Queen” was produced by a roster of well-known urban names, including Luny, Tainy, DJ Blas and Leny of Aventura. The album will also feature collaborations with Wisin & Yandel, Franco El Gorila, Jadiel, De La Ghetto and Frank Reyes. The lead single, “La Vida Es Asi,” was penned by Ivy Queen.

Ivy Queen will be a panelist at the Billboard Latin Conference, speaking at the panel titled "Rising Above: The Evolution of the Latin Urban Movement," taking place 4-5 p.m. on Tuesday, April 27. Ivy Queen will join AB Quintanilla, Tito “El Bambino,” Chino y Nacho, DJ Nelson, Echo and Dyland y Lenny, among others. For more information and to register, go to billboardlatinconference.com.

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