Mariah Carey's record deal rebound includes personal label

Mariah Carey, who received a $28 million buyout after delivering one flop album for Virgin Records, has signed a new deal with Island/Def Jam that includes her own label, it was announced Wednesday. The multiplatinum star has been without a label since January, when EMI, Virgin's parent company, dropped her contract after her only disc for the label, "Glitter", was a poor seller.
Since the split, several companies were reportedly bidding to sign the Grammy-winning singer, one of the most successful artists of all time, with hits such as "Vision of Love", "Hero", "Fantasy" and "Emotions". "Despite offers from many of our competitors, we are delighted that Mariah has chosen Island as the place to begin the next phase of her unprecedented career," said Lyor Cohen, president and CEO of Island/Def Jam.
The company is home to stars such as Jay-Z, Willie Nelson, Ryan Adams, Ja Rule and Ashanti. It is part of Universal Music Group, which is owned by the conglomerate Vivendi Universal. Carey has already begun recording her new disc, said Jerry Blair, a former executive at Columbia Records who has worked with Carey since the inception of her career. "The record she's working on is going to be a real wide-appeal record," Blair told The Associated Press. "There's no artist who is as successful a global artist. There is no artist that has as wide range of commercial appeal."
Blair declined to put a financial figure on the new deal. Carey's spokeswoman said the singer would not be available to comment. Carey, 32, was an immediate commercial success when she made her self-titled debut for Columbia Records in 1990. The album went multiplatinum, as did all her other albums on the label, a division of Sony. However, Carey became disenchanted with Sony after her divorce from Sony Music President Tommy Mottola, who had guided her career as president of Columbia.
She left Columbia last year and signed with Virgin in a much-hyped multialbum deal reported to be worth as much as $100 million. Her first disc, "Glitter", was to be the soundtrack of her film project of the same name, her first starring role. However, her career took a disastrous turn: After displaying erratic behavior in public, Carey was hospitalized for an emotional breakdown in August. She dropped out of the public eye, and both her disc and the movie were commercial failures.
In January, EMI, Virgin's parent company, paid $28 million to void her contract. Since she had received $21 million when she was signed, Carey got $49 million for delivering one album. Blair said Carey was in good spirits and "doing just incredibly well". He said she was not concerned that her recent troubles would hurt her career. She has a new film with Oscar-winner Mira Sorvino, titled "Wise Girls". The film debuted at the Sundance film festival, and will be shown in the fall on HBO, Blair said.
He said Carey's new label, as yet unnamed, would focus on her, but would eventually include other artists. Carey has also created a media company to handle publishing, film production and other projects. "Setting up this company for her is really guaranteeing her legacy," Blair said.

(The Nando Times)

Thursday 9 May 2002
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When CEO's play stupid (47,523) by nikki from usa

First off, I'd like to point out almost 3 weeks ago I posted that Mariah had a cold and would gradually get better as she gets over it. I don't doubt emotional issues would also take a toll along with lack of sleep doesn't help. I claimed this would cause her healing to take awhile and as Mariah's vocals improved the press would simply stop talking... read more
(Monday 20 October 2014; 23:57)
Anthony Basco, Vision Of Love GMA (47,522) by Elena from The Netherlands

It's on YouTube, so you can get your copy there. I watched that performance right after I read so many negative things about MC's voice. I shed a tear, because what did she know back then? She gave everything. She doen't have to be exactly that now, but if only the focus en the caretaking of her voice returns, I'll be happy.
(Monday 20 October 2014; 23:53)
What is there to complain about? (47,521) by Saint from UK

Forget the negative media, they're irrelevant. As fans we received a phenomenal album, rave reviews. Mariah looks great. Mariah seems to have recovered from what ever cold/allergies she had, her voice soon followed. It looks as though they are filming all the concerts which means a concert DVD release for next year perhaps. Her dancers have made it... read more
(Monday 20 October 2014; 23:51)
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