FROM Hello magazine
9 MAY 2002
Multi-platinum singer Mariah Carey, left without a record label after she was let go by EMI four months ago, has found a new home with Island Records. The new deal also includes a special perk for the star â€“ sheâ€™ll be launching her very own label.
Mariah has already begun recording the new album for Island â€“ whose artists range from Bon Jovi to Jay-Z â€“ but has not yet named her new label.
Mariah was paid a Â£19 million severance from EMI in January, putting an end to her record-breaking Â£70-million, five-album contract after just one release. The lukewarm sales of Glitter, a soundtrack which accompanied the 32-year-oldâ€™s disappointing big screen debut of the same name, led to the labelâ€™s decision to drop Mariah from their roster of artists.
Though her new company says itâ€™s â€œdelighted Mariah has chosen Island for the next phase of her unprecedented careerâ€, they did not reveal the financial terms of the agreement.
The singer-turned-actressâ€™ latest film, Wise Girls, premiered at this yearâ€™s Sundance film festival and will be screened this autumn on cable network HBO.
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