LONDON (Reuters) - Pop diva Mariah Carey found herself out of a job on Wednesday when record company EMI paid her $28 million to walk away from the biggest recording contract of all time, in a move to cut costs.
British-based EMI Group confirmed weeks of speculation that it was severing ties with the U.S. vocalist after signing her to its Virgin Records label in a mammoth deal last year, only to see her first release "Glitter" sell a mere 2 million copies. a *MERE* 2 million copies. Ye Gods! If I had a big stack of some random item and sold each for 50 cents each...I'd still have enough money to live like a king! *MERE*! HA!
― Lord Custos, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Dave225, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― JoB, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― helenfordsdale, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Dan Perry, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― mark s, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Brock K, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― scott woods, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Andy, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Dare, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― nickn, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Hot Stove Hand, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― electric sound of jim, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― felicity, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― jess, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Tracer Hand, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
What's happened since that album, though - dear God. I think Mariah's supplying Whitney (and Bobby), and she's getting high on her own supply. (The "ice cream truck" TRL appearance springs to mind.) (The entire "Loverboy" / Jennifer Lopez fiasco also tickles a few neurons in this regard.)
Getting dropped for going double-platinum, though - and getting paid TWENTY-EIGHT MILLION for it? - that's the way to succeed in business.
― David Raposa, Wednesday, 23 January 2002 01:00 (twenty-four years ago)
― Michael Daddino, Saturday, 26 January 2002 01:00 (twenty-four years ago)
― Prude, Saturday, 26 January 2002 01:00 (twenty-four years ago)