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
||Stacey, MIAMTEC lyrics (46,209)
by enwar00 from usa|
I was just going to post how the lyrics have suddenly taken a different meaning in light of this news and then I read Stacey's post. We can never know for sure, but some of them just seem to fit. Especially Faded, and it makes me think of when she called Nick the abondoner. And Camouflage. Even Cry. and Thirsty. It's like the album has suddenly com... read more
(Friday 22 August 2014; 1:33)
by NYHotShotta from USA|
For Mariah to have to divorce and put her children kinda through what she went through as a child is sad. I hope they can work past this and not divorce.
(Friday 22 August 2014; 1:20)
||Post breakup album (46,207)
by Jonathan from United States|
This explains so much like the order of the songs, the bonus tracks, and why there was no promotion. I wish both of them the best and love, but now I'm ready for Mariah to do a killer post break up comeback album for next year. It would be cool if she wrote a song with Adele, Beyonce (if her and Jay get a divorce), or Taylor Swift (long shot?). I d... read more
(Friday 22 August 2014; 1:15)
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