No Line on the Horizon and U2 360° Tour (2007–present)

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No Line on the Horizon and U2 360° Tour (2007–present)
The band began work on their twelfth album No Line on the Horizon in 2006, originally writing and recording with producer Rick Rubin, but the material was shelved. The band subsequently chose to begin writing and recording for the album with producers Daniel Lanois and Brian Eno in June 2007. A two-week trip to Fez, Morocco where the six recorded led to the band experimenting with North African sounds and indicating the album would be more experimental than their previous efforts. During the album sessions, on 31 March 2008, it was confirmed that U2 signed a 12 year deal with Live Nation worth an estimated $100 million (£50 million), which includes Live Nation controlling the band's merchandise, sponsoring, and their official website.