Is J Records, the joint venture between BMG and dethroned Arista chief Clive Davis, an
"instant major" or overfunded boutique label? Industry insiders are split on the answer
following the anticlimactic Aug. 24 announcement of the deal. Davis originally sought $300
million in funding for a new record company, but reportedly settled on $150 million, though
some sources say it's closer to $130 mil. In addition, he was allowed to take a number of
Arista's top execs with him but none of its top artists; J's starting lineup includes LFO,
Shannon Curfman, Deborah Cox, and one multiplatinum act, Monica.|
The label's best bet is thought to be its superstar CEO's ability to attract embittered
major artists whose contracts elsewhere are expiring - like Mariah Carey, who Davis keeps
denying he's talked with. You might expect an old-fashioned signing war now between Arista
and its new spin-off sister label, but don't look for Arista, now led by R&B veteran L.A.
Reid, to compete for big names the way J likely will. "Reid's mandate is to do production
deals," says one A&R exec; indeed, he announced a deal with producers Jimmy Jam and Terry
Lewis the day after published reports said Davis would be inking Luther Vandross.
|Tuesday 12 September 2000
by May from Denmark|
Anybody knows all the places she will be touring? I only know a couple but seems to be Asian places and would love to know if she will add European countries to the tour.
(Thursday 31 July 2014; 0:11)
||Simply expressing, sharing thoughts (45,693)
by May from Denmark|
About how I felt when Nick and Mariah got together first I thought "who is Nick" haha, is that I only remembered him by a tv show from Nickelodeon. Like another poster mentioned, she looked so happy and so blooming I also felt so happy for her. I never really cared her personal life, just her music. Probably the first time I ever paid attention to ... read more
(Wednesday 30 July 2014; 23:58)
||Marriage speculations (45,692)
by Gerald from USA by the way of NYC|
I know that we have to keep ourselves entertained until we know for sure what's going on next with this era but making assumptions about the Cannons' personal life is definitely not the answer. Whatever is popping off behind the scenes will soon be revealed if anything at all. Mariah was just with Nick and her in-laws house last week after the movi... read more
(Wednesday 30 July 2014; 23:53)
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