APRIL 04, 2001
VIRGIN SIGNS MARIAH CAREY
Virgin Music Group Worldwide is proud to announce that it has signed international superstar Mariah Carey to an unprecedented multi-album, multi-million dollar recording agreement, the details of which have not been disclosed. The announcement was made today in Los Angeles by Ken Berry, president and CEO, EMI Recorded Music, and Nancy Berry, vice chairman, Virgin Music Group Worldwide.
Commenting on the new agreement, Mariah Carey said, 'I am elated about my new partnership with Virgin Records and I look forward to being a part of their uniquely creative musical environment. Hallelujah!! '
Mariah Carey is a truly versatile, multi-talented superstar whose success crosses all fields and genres. She rose to superstardom on the strength of her stunning five-octave voice that swiftly moves from glossy ballads and gospel, to dance-pop and hip-hop. In addition to her vocal talents, Mariah co-writes as well as co-produces her songs, including all of her Number One hits (with the exception of her cover of 'I’ll Be There').
Ken Berry, president and CEO, EMI Recorded Music, comments, 'An incredible voice and fantastic creativity make Mariah one of the world’s most special talents in the recording business. Her signing with Virgin enhances an already rich roster of artists, and we are thrilled Mariah has chosen Virgin as the place where she will write the next chapters of her career. The entire company is looking forward to working closely with her.'
Adds Nancy Berry, vice chairman, Virgin Music Group Worldwide, 'Mariah has proven herself to be the kind of artist who can master anything she takes on. With an unparalleled music career, and now a move into film, it is obvious she possesses limitless talent. Virgin plans to devote its entire global strength to propelling Mariah to even greater success.'
The best-selling female performer of all-time, Mariah Carey has sold more that 140 million albums and singles worldwide and has earned an incredible 84 RIAA gold, platinum and multi-platinum certifications. Her incredible career began with the release of her first album, the self-titled Mariah Carey, in 1990, which produced four Number One singles, and she has continued to make history with each release. 'Heartbreaker,' the first single from her last album Rainbow, made music history on September 29, 1999, when it became Mariah’s 14th Number One single on the Billboard Hot 100 Singles chart. This feat is rivaled only by the Beatles (with 20) and Elvis Presley (with 17 or 18, depending on whether one counts 'Don’t Be Cruel' b/w 'Hound Dog' as one or two records). Her songs have held the Number One position for a record-setting sixty weeks, sixteen of those with 'One Sweet Day,' her duet with Boyz II Men, another record-setting accomplishment. She has had a Number One single with every initial single release from each of her albums-all of which have also gone to Number One-and she has had a Number One single every year for the last ten consecutive years. In total, Carey has had fifteen Number One songs to date, more than any other female artist ever. At the 1999 ceremonies, Billboard appropriately named Mariah their 'Artist of the Decade.'
For more information, contact Yon Elvira of Virgin Records America, 310-288-2419, for Virgin Music Group; or Cindi Berger of PMK Public Relations, 212-582-1111, for Mariah Carey.
(Taken From: Virgin Records)
APRIL 04, 2001
MARIAH NOW A VIRGIN
Yesterday, the New York Daily News's Mitchell Fink reported that Mariah Carey had finally left Columbia Records for greener pastures. She signed a very lucrative recording contract with Virgin Records, a division of EMI. Virgin is also home to Janet Jackson and The Rolling Stones.
For Mariah, this was presumably her escape to freedom from ex-husband Sony CEO Tommy Mottola. However, Carey had owed Sony one more album, which was almost recorded. It's the soundtrack to her fall movie, All that Glitters. The first single is due for release in June. Mottola apparently let Carey take the soundtrack with her to Virgin rather than release it himself.
One wonders though what Sony's owners in Japan must think. One of the biggest stars in the record business just waltzed away to a competitor, with an album that was theirs under her arm. Jennifer Lopez was being groomed as Carey's successor, but now that her J-LO album has been a financial disappointment, the company will have to start looking elsewhere.
And Carey, I predict, will have a hit with the movie and the soundtrack. Director Vondie Curtis-Hall tells me that Carey has acquitted herself well in the film. "She won't be embarrassed," he told me last week. So all the nay-sayers, myself usually among them, will have to carp about something else.
On the brighter side, Sony does have the group Train and their album Drops of Jupiter. It's probably too sophisticated for the average teen of 2001, but boy, it's good. Just like the old days, when bands were musically adept and had melodic rock songs. It made me want to get out my Poco and Spirit albums.
(Taken From: Fox News 411)
APRIL 04, 2001
CAREY SIGNS 4-ALBUM VIRGIN RECORD DEAL
Pop diva Mariah Carey has signed a four-album contract with Virgin Records worth an estimated $80 million, a mega-deal that ranks among the biggest ever awarded to an entertainer, said sources close to the negotiations.
The New York native, who turned 31 last week, has been the target of a fierce industry bidding war since she began approaching the end of her Sony contract, which was set to expire with the release of a soundtrack album this year. Speculation about her exit had mounted since her marriage to Sony Music chief Thomas Mottola broke up in 1997.
But executives at several other record labels dropped out of the bidding because they believed that their companies could not make enough money under the terms sought by Carey.
The pact, which could be announced as early as today, comes at a crucial juncture for Virgin's parent, British music conglomerate EMI Group, which is lagging behind its four industry competitors in the U.S. music market and has been the subject of takeover rumors for years.
EMI was set to merge with AOL Time Warner's Warner Music Group before European antitrust regulators' objections pressured the two companies to nix the deal in October, and it is negotiating to join with German media giant Bertelsmann. Adding Carey to the roster provides luster to the company in the event the negotiations fail and EMI winds up on the auction block.
Representatives for Carey and Virgin declined to comment on the deal, which was negotiated by EMI music Chief Executive Ken Berry, Virgin Records Chairwoman Nancy Berry and the singer's attorney, Donald Passman.
But sources said the deal paid Carey a $20-million advance upon signing and guaranteed an estimated $20-million advance per album plus a 25% royalty on the retail price of each record sold. Virgin will deduct money from her royalties until most of the cash advances are paid off.
Besides giving Carey complete artistic control over her work, the new deal covers four albums of new material and provides an estimated $7-million non-recoupable payment to reimburse her for the cost of buying out the last album on her Sony contract. Sources said Sony retains distribution of that album in Japan, one of the areas where she is most popular. According to Sony's Columbia Records, Carey has sold an estimated 120 million records worldwide.
(Taken From: Los Angeles Times)
APRIL 04, 2001
MARIAH NOW A VIRGIN
Mariah Carey has quit Sony Music and signed a massive deal with Virgin Records, paving the way for new material from the diva as early as June. The deal is the richest in history and will net the singer at least £60 million, according to reports.
Mariah is the biggest-selling female artist of the ´90s, selling more than 120 million albums worldwide. She has been keen to leave Sony since her divorce from label boss Tommy Mottola in March, 1998. Of the new deal, she said: "I am elated about my new partnership with Virgin Records and I look forward to being a part of their uniquely creative musical environment. Hallelujah!!"
Mariah´s next album will be the soundtrack to the forthcoming film ´All The Glitters´, in which she also stars. It is thought that Mariah was attracted to Virgin because of the high number of female R´n´B vocalists, including Janet Jackson, Aaliyah and Kelis.
Sony´s Columbia Records confirmed the split in a statement released on Tuesday, April 2. "Mariah Carey is one of the most talented artists in the world," it read. "We have shared many commercial and creative successes, and we wish her only the best as her career continues to grow and evolve."
(Taken From: MTV Europe)
APRIL 04, 2001
MARIAH INKS VIRGIN DEAL
Mariah Carey has signed a multi-record, multi-million dollar recording contract with Virgin Records, a subsidiary of EMI, exiting Columbia Records, her label of the past ten years. The details of the new deal have not been disclosed.
"I am elated about my new partnership with Virgin Records," Carey said in a statement, "and I look forward to being a part of their uniquely creative musical environment. Hallelujah!!"
That creative environment includes a lineup of heavyweights like David Bowie, Lenny Kravitz and fellow diva Janet Jackson.
Carey leaves an impressive record behind at Columbia. She stands as the best-selling female performer of all time with 140 million albums and singles sold worldwide, and she has had a Number One single every year for the last ten years. Carey recorded six full-length albums, one Christmas album and an MTV Unplugged EP for her former label, which is run by her ex-husband, Tommy Mottola.
Carey's first Virgin release will be the soundtrack to her upcoming film, All That Glitters. Carey plays Billie, an inner-city youth and burgeoning pop star who gets her big break when she is discovered by a DJ (Max Beesley) and a relationship develops. The film also stars Eric Benet and Da Brat and is scheduled for an August release.
(Taken From: Rolling Stone)
APRIL 04, 2001
MARIAH'S NEW TUNE
Mariah Carey, 31, and her music label of more than a decade, Columbia Records, issued a joint statement on Monday that confirms that the two parties have gone their separate ways. "Mariah Carey is one of the most talented artists in the world. We have shared many commercial and creative successes, and we wish her only the best as her career continues to grow and evolve," Sony Music, Columbia's parent company, said in a statement. Carey, whose Columbia albums and singles (including her 1990 debut "Mariah Carey") have sold more than 140 million copies worldwide, was first brought to the label by Sony Music chairman Tommy Mottola, whom she married in 1993 and divorced in 1998. Last year, Carey voiced some complaints about the way Columbia was promoting her music -- or not promoting it. On Monday night, TV's "Access Hollywood" reported that Carey is set to sign with Virgin Records in a deal that will bring her $25 million per album.
(Taken From: People.com)
APRIL 04, 2001
MARIAH'S MEGABUCKS RECORD DEAL
Mariah Carey has signed a new deal with Virgin Records which is believed to be the biggest recording contract of all time. The singer will receive £20m per album. Her first album for the new label will be the soundtrack to her film All That Glitters which was to be released by her former record company Sony before the Virgin deal was signed. Her first single from the album is due out in June, followed by the album in August. Carey's deal is expected to net her over £60m for three albums with Virgin. Carey left Sony Records after divorcing Sony label boss Tommy Mottola who originally signed her to the company.
Previously, Virgin's highest paid artist was Janet Jackson who received £15m per album. But Mariah is the biggest-selling female artist of the '90s. She has sold more than 120 million albums worldwide and had 14 US No 1 singles. Her deal dwarfs those signed by REM who signed a £52m contract in 1996 and Madonna who signed a £40m contract.
(Taken From: World Pop)
APRIL 04, 2001
CAREY HASN'T SIGNED A NEW DEAL, YET
Contrary to reports in the New York Daily News, pop diva Mariah Carey has not yet signed off on a major record deal with Virgin Records, but she will, according to a source close to the deal. The multi-album contract is rumored to be in the $17 million range and will likely kick off with the soundtrack to her upcoming film, All That Glitters. Carey has spent her entire career on Sony's Columbia Records, with her last studio effort, Rainbow, surfacing in 1999. Sony Music did confirm that Carey is no longer among its ranks in a statement released late Monday (April 2), as quoted by the Associated Press. "Mariah Carey is one of the most talented artists in the world," said the statement. "We have shared many commercial and creative successes, and we wish her only the best as her career continues to grow and evolve."
(Taken From: AllStar)
(Courtesy: Savitri)
NOTE: We all know Mariah has already signed a deal with Virgin Records. Also, Virgin Records even confirmed it and held a press conference. It's obviously ture.
APRIL 04, 2001
MARIAH CAREY JUMPS TO VIRGIN FROM COLUMBIA
Mariah Carey had exited Columbia Records and signed with Virgin Records, Billboard Bulletin reports. The pop superstar and Columbia issued a joint statement yesterday (April 2) confirming Carey has left the label where she produced nine multi-platinum albums. Virgin Records Sr. VP of Promotion Michael Plen confirmed that Carey's first Virgin single will be from her upcoming movie, "All That Glitters," due in theaters in late August.
Carey was one of Columbia's best-selling artists, with 15 No. 1 hits including ''Fantasy,'' ''One Sweet Day'' and ''Honey.'' According to the label, she has sold more than 140 million albums and singles worldwide.
''Mariah Carey is one of the most talented artists in the world. We have shared many commercial and creative successes, and we wish her only the best as her career continues to grow and evolve,'' Sony Music, Columbia's parent company, said in a statement.
Carey, who was signed to the label by Sony Music Chairman Tommy Mottola, released her self-titled, multiplatinum debut album in 1990. Mottola and Carey later wed, then divorced. In the last year, Carey expressed dissatisfaction with the promotion of her music at the label.
(Taken From: Billboard)
APRIL 04, 2001
MARIAH CAREY: LIKE A VIRGIN
Diva Mariah Carey has left Sony's Columbia Records and inked a new multi-album deal with Virgin Records, reportedly worth $20 million-plus per project. A spokesperson for Sony Music Entertainment said the company and singer "mutually and amicably agreed to part ways". Carey, 31, said she is "grateful to both Columbia Records and Sony Music". Carey was signed in 1990 by Sony Music Chairman Tommy Mottola, whom she later wed, then divorced. Sony retains rights to reissue Carey's catalog and will release the soundtrack to her upcoming film, Glitter, in Japan.
(Taken From: USA Today)
APRIL 04, 2001
MARIAH CAREY FLIES OVER TO VIRGIN
Superstar R&B chanteuse Mariah Carey has signed on at Virgin Records, leaving her longtime home of Columbia Records. Carey is slated to release her first record on the EMI imprint - the soundtrack for "All that Glitters", her upcoming 20th Century Fox film - in late summer.
Columbia Records confirmed Monday that the multiplatinum-selling artist, who has been with Columbia for more than a decade, had left the flagship imprint of Sony Music. Carey has recorded six full-length records, plus an EP and a Christmas album, for Columbia. Her eponymous debut LP yielded four No. 1 singles, including "Someday" and "Vision of Love", and earned a best new artist Grammy.
The singer went on to release more than a dozen No. 1 singles - more than any other solo female artist in rock - and to sell a total of 140 million albums and singles worldwide. Carey's top-selling LP, 1993's "Music Box", has moved more than 24 million copies to date.
(Taken From: RealColumbus.com)
(Courtesy: Elin)
APRIL 04, 2001
MARIAH'S NET FORTUNE
Mariah Carey has signed a massive recording deal with Virgin, believed to be the most lucrative in music history. The full details of the "multi-album, multi-million dollar" deal have not been confirmed by the label, however it is believed to be in the region of £20 million per album.
Carey, celebrating putting her signature to the phenomenal contract, said: "I am elated about my partnership with Virgin Records and I look forward to being part of their uniquely creative musical environment." She concluded, somewhat understandably: "Hallelujah!"
Mariah, 31, has sold more than 120 million albums worldwide, achieving 14 US Number One singles.
(Taken From: Dot Music)
APRIL 04, 2001
MARIAH CAREY LEAVES COLUMBIA RECORDS
Mariah Carey is bidding farewell to her record company. She and Columbia Records issued a joint statement on Monday confirming the pop superstar has left the label. Carey was one of Columbia's best-selling artists, with a string of hits that included "Fantasy", "One Sweet Day" and "Honey". According to Columbia, she has sold more than 140 million albums and singles worldwide.
"Mariah Carey is one of the most talented artists in the world. We have shared many commercial and creative successes, and we wish her only the best as her career continues to grow and evolve," Sony Music, Columbia's parent company, said in a statement.
Carey, who was signed to the label by Sony Music Chairman Tommy Mottola, released her self-titled, multiplatinum debut album in 1990. Mottola and Carey later wed, then divorced. In the last year, Carey expressed dissatisfaction with the promotion of her music at the label.
The New York Daily News reported Carey, 31, had signed a deal with Virgin Records worth $20 million per album. Virgin did not return calls seeking comment.
(Taken From: Inland Empire Online)
(Courtesy: Regina)
APRIL 04, 2001
MARIAH CAREY GLITTERS ANEW AT VIRGIN
Mariah Carey is feeling a little like a Virgin these days. The New York Daily News reports the singer has ended her unhappy relationship with Sony Music by signing a new deal with Virgin Records. It's estimated to be worth more than the $20 million per album given to both Janet Jackson and R.E.M.
Earlier reports had suggested Carey was looking for $25 million per album and had asked labels to submit sealed bids, but the negotiations with Virgin went ahead the old-fashioned way, with the label and her reps haggling out the deal. Carey's first album for the label will be All That Glitters, to be released on the Labour Day weekend.
Carey, who is divorced from Sony Music boss Tommy Mottola, had fallen out with the label over its handling of her career.
(Taken From: JAM!)
APRIL 04, 2001
THEY CALL THE WINDFALL MARIAH
Virgin Records has signed superstar diva Mariah Carey to a four-album deal valued at close to $100 million, sources confirmed. The pact, which was signed Friday (3/30) and calls for a $23.5 million advance per album, will see the artist leave Sony Music, where her records have cumulatively sold over 100 million units worldwide.
Carey owed one album on her previously existing contract with Sony, which was going to be the soundtrack to "Glitter", in which she makes her feature-acting debut. To make the Virgin deal, Carey bought back the rights to "Glitter" for about $10 million. Said soundtrack will now be her first release for Virgin and has been slated for a summer release. The film, distributed by 20th Century Fox, is directed by Vondie Curtis-Hall and will be released at the end of the summer.
As part of the deal, Sony Music will retain distribution rights to Carey's next release in Japan, while Virgin will get the rest of the world. Through her years at Sony, Carey has been a consistent top seller, with her best topping out at 23 million worldwide, while her latest, "Rainbow," sold 6.8 million units. In the United States, her top-selling album surpassed 9 million units, while her last studio disc clocked in at just over 3 million.
"Mariah Carey is one of the most talented artists in the world," reads Sony's part of a joint statement following the announcement. "We have shared many commercial and creative successes, and we wish her only the best as her career continues to grow and evolve. We look forward to working with her on future endeavors, including the release of the 'Glitter' soundtrack in Japan and the reissue of her amazing catalog of albums."
For her part, Carey proclaimed: "We've shared enormous successes together, and I'm grateful to both Columbia Records and Sony Music and their employees worldwide for all their efforts."
Insiders were surprised by how quickly the Virgin-Carey deal was completed. Carey joins a stable of artists that includes such similar divas as Janet Jackson and Aaliyah. Carey's deal was brokered by music attorney Don Passman, who also handles Jackson, and Virgin's Nancy Berry.
(Taken From: Hits Daily Double)
(Courtesy: Elin)
APRIL 04, 2001
CONTRACT HIGH?
Mariah Carey has officially jumped from Sony's Columbia label to Virgin Records, according to industry sources. Meanwhile, the New York Daily News reports that Virgin will pay the songstress nearly $25 million an album, the biggest recording contract of all time. Her next album, the soundtrack to her upcoming movie, All That Glitters, comes out in August.
(Taken From: E-News Online)
APRIL 04, 2001
CAREY REPORTEDLY SIGNS HUGE RECORDING CONTRACT
It’s being reported that Mariah Carey has signed the biggest recording contract of all time - more than $20 million. The New York Daily News reported that Virgin Records will pay the diva more than the $20 million per album that Janet Jackson and REM are getting.
The paper said that Carey had been asking for $25 million per album. Her first CD for the new label will be the soundtrack to her upcoming movie "All That Glitters". The first single is due in June. The album will hit stores in August and the movie comes out Labor Day weekend.
(Taken From: MSNBC)
(Courtesy: Mariah Carey Archives)
APRIL 04, 2001
MARIAH'S NEW DEAL
Mariah Carey isn't quite touched for the very first time (no Tommy Mottola jokes, please), but the Grammy-winning diva is definitely feeling like a Virgin.
The pop superstar and freakishly high-pitched songstress has left Columbia Records and signed a lucrative deal with Virgin Records, sources confirmed Monday.
An official announcement is still pending, but Virgin informed its staff Monday morning that Carey had indeed signed on. Terms of the deal were not yet known, but various published reports contend the payday is significant: The New York Daily News claims Carey's deal is "the biggest recording contract of all time," more expensive than even the $20 million-per-album forked over to artists like Janet Jackson and R.E.M. Music site CDNow, meanwhile, claims the final figure is closer to $17 million.
Either way, it's not too shabby for the New York-born songbird, who just turned 30 last week. With the deal, Carey joins Virgin's stable of music heavyweights that includes the Rolling Stones, Lenny Kravitz and another diva-esque pop queen making loads of cash, Janet Jackson.
Reports had been swirling for some time that Carey planned leave Sony's Columbia Records--her home since 1990 and the label that helped turn her into a multiplatinum megastar. Carey's self-titled debut for the label spawned four number-one singles and two Grammys, including one for Best New Artist. She was also the biggest female artist of the '90s, selling more than 140 million albums worldwide and putting out a near-unending string of hits including "Heartbreaker," "Fantasy" and "Always Be My Baby."
Columbia also is where Carey found her first husband. Sony Music chief Tommy Mottola, the then-head of Columbia who signed the high-powered singer after hearing her demo tape at a party, married Carey (20 years his junior) in 1993.
But their professional relationship lasted longer than their wedded bliss. Carey and Mottola divorced in 1998, and many speculated the split would end Carey's relationship with the label.
Columbia's parent, Sony Music, released a goodbye statement Monday. "Mariah Carey is one of the most talented artists in the world. We have shared many commercial and creative successes, and we wish her only the best as her career continues to grow and evolve," the company said.
Sources told the New York Daily News that Carey went label shopping with a $25 million-per-album asking price. No word on whether she got her wish.
Meanwhile, Carey's first album for Virgin will be the soundtrack for her upcoming film, All That Glitters, a story developed by Carey about a young singer from the projects who gets her big break when a DJ hears her demo, eventually sparking a romantic relationship. (Sound familiar?) Carey insists, however, that All That Glitters is not an autobiography.
The film, released by 20th Century Fox, is due to hit theaters Labor Day weekend. Her first single is due out in June and the album will make its way to stores in August.
(Taken From: E! News)
(Courtesy: Savitri)
APRIL 04, 2001
MARIAH CAREY SIGNS £18M DEAL
Mariah Carey has signed what is believed to be the most lucrative music contract in history, believed to be worth US$25 million (£18 million) per album, with Virgin. Mariah, 31, has sold more than 125 million records. Carey has recorded six full-length albums, plus an EP and a Christmas album, for Columbia. Her eponymous debut LP yielded four No. 1 singles, including "Someday" and "Vision of Love", and earned her a Grammy as best new artist.
In all, the Long Island-born chanteuse has recorded more than a dozen No. 1 singles - more than any other female solo artist in rock - and has sold a total of 140 million albums and singles worldwide, according to Variety. Her most successful LP, 1993's "Music Box," has sold more than 24 million copies to date.
Virgin will now be home to two of the world's biggest-selling female singers - Carey and Janet Jackson, who signed one of the richest deals in recording history when she left A&M Records for the EMI label.
(Taken From: This Is London)
(Courtesy: Elin)
APRIL 04, 2001
THE MOST EXPENSIVE IN THE MUSIC BUSINESS
Finally Mariah Carey gets what she wants at her new record company. Virgin Records is willing to give the star the most lucrative recording deal of all time. The American pop diva will exceed both Janet Jackson and REM, who get 14 million pounds per album, dotmusic reports.
That will be about 180 million Norwegian kroner. Carey, however, wants 30 million more, and Virgin Records has signed a contract which will give her that. Carey recently left Sony Records, because she felt like they were neglecting her career.
Her first album for Virgin will be the soundtrack to the movie "All That Glitters", where Mariah will also play the principal role.
(Taken From: Nettavisen)
(Courtesy: Elin)
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