Claim: Madonna has an independent label of her own.

Maverick was an entertainment company founded in 1992 by Madonna , Frederick DeMann and Veronica `` Ronnie '' Dashev . It was owned and operated by Warner Music Group . It included a recording company -LRB- Maverick Records -RRB- , a film production company -LRB- Maverick Films -RRB- , book publishing , music publishing , Latin record division -LRB- Maverick Musica -RRB- and a television production company . The first releases for the company were Madonna 's 1992 coffee table publication , Sex and her studio album Erotica which were released simultaneously to great controversy .   DeMann was bought out of the company for a reported $ 20 million in 1998 . Guy Oseary increased his stake in the company and took control as Chairman and CEO . Madonna and Dashev left in 2004 after a lawsuit between Maverick and Warner Music Group .   As of 2014 , the company was revived as a management group founded by Oseary in partnership with Live Nation Entertainment . It consists of Oseary and other recording artist managers Ron Laffitte , Caron Veazey , Gee Roberson , Cortez Bryant , Larry Rudolph , Adam Leber , Scott Rodger and Clarence Spalding . All nine managers and their companies joined and rebranded as `` Maverick '' on October 17 , 2014 .