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
share on facebook share on twitter rss feed
Edward, Truth (45,485) by Lee from USA

If Madonna was so relevant, then why hasn't she had a #1 hit on the Hot 100 since the late 1990s but had the number 1 grossing tour of 2012? It surely isn't the music that drawing her fans in. I thank the heavens that Mimi don't need to resort to that nonsense to make her legacy. But I agree with you that Mimi needs some new people around her to h... read more
(Tuesday 22 July 2014; 0:53)
New message from MC, tour (45,484) by nikki from usa

"Hi lambs, welcome to the brand new mariahcarey.com. Stay tuned as we continue adding more sections and pow moments to the site. We're also gonna be coming up with some festive contests for the lambily. Lastly, I just wanted to thank everyone for always supporting me. You know Me. I Am Mariah... It's only the beginning. The elusive chanteuse dahlin... read more
(Tuesday 22 July 2014; 0:27)
Mariah's official website (45,483) by Manny from U.S.

Mariah has a new message on her official website. She mentions she will "hit the road soon". I'm excited. Last time I saw her in concert was in Vegas. It's long overdue. I haven't seen anyone mention that the WMA will be broadcasted in the UK. Finally, we will see Mariah open the show with "Meteorite" (Sunday August 3, 7pm).
(Monday 21 July 2014; 23:54)
Do you want to share your thoughts and ideas with other Mariah Carey fans. Are you looking for a special item for your collection? Or do you just want to talk about Mariah? You can do it all on the messageboard.

© The Mariah Carey Archives 1998 - 2014 | 126 visitors online
LATEST NEWS
22-07-2014
21-07-2014
19-07-2014
17-07-2014
17-07-2014
16-07-2014
14-07-2014
11-07-2014
11-07-2014
10-07-2014
THIS DAY IN HISTORY
22-07-2014
22-07-2013
22-07-2013
22-07-2012
22-07-2011
22-07-2011
22-07-2009
22-07-2009
22-07-2009
22-07-2009
22-07-2008
22-07-2008
22-07-2007
22-07-2006
22-07-2005
22-07-2005
22-07-2004
22-07-2003
22-07-2003
22-07-2002
22-07-2002
22-07-2002
22-07-2001
22-07-2000
22-07-2014
22-07-2013
22-07-2013
22-07-2012
22-07-2011
22-07-2011
22-07-2009
22-07-2009
22-07-2009
22-07-2009
22-07-2008
22-07-2008
22-07-2007
22-07-2006
22-07-2005
22-07-2005
22-07-2004
22-07-2003
22-07-2003
22-07-2002
22-07-2002
22-07-2002
22-07-2001
22-07-2000