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
Olivia Newton-John (53,775)
by Gloria from Hong Kong
I don't know they remain friends after the Australian show back in the 90s but it's good to see Mariah hanging out with female singers (not rappers). Maybe a second collaboration will do even better. Plus, I can't remember the last time Mariah shared her stage with a female vocal. That one with Whitney is my all-time favourite. By the way, Daily Ma... read more (Tuesday 26 May 2015; 12:26)
by Musti from UK
I must say I don't find Damizza's words unbelievable (minus the love affair). Particularly the bubble issue is only natural for a global megastar like Mariah. Even then, Mariah has always maintained a true connection to her fans. Perhaps it's this real love and appreciation for her coming from real people that keeps her grounded. After all, pretty ... read more (Tuesday 26 May 2015; 12:18)
Re: How much was Damizza paid? (53,737) by HeatSeek (53,773)
by Baby from Sweden
And who's paying/incentivising him? Surely he doesn't think he has a chance in all the seven hells to get back in to the fold. I feel like the whole thing is a setup and unfortunately any number of fingerprints could be on this, or it could even be a "group effort" so to speak. Next thing you know he's been hired to produce some no-talent goat herd... read more (Tuesday 26 May 2015; 10:09)
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