Mariah said to be close to signing new record contract
Pop diva Mariah Carey, who was paid $28 million to leave EMI Records in January, is in advanced negotiations with other labels about a deal and could make a decision as early as next week, people close to those talks said Thursday in Los Angeles. Carey, who has had more No. 1 songs than any musical artist except Elvis Presley and the Beatles, left EMI after a stormy year in which her album and movie, both titled "Glitter", bombed and she suffered a breakdown.
Several people close to the talks said the new deal would be a fraction of the $80 million she commanded from EMI last year, possibly in the $15 million range. (Star Tribune)
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