EMI/Virgin Looking To Buy Out Mariah Carey Contract
The Los Angeles Times reports EMI Group Plc, parent company of Virgin Records, is looking to buy out the contract of Mariah Carey, which is reportedly in the $80-$118 million range. The label would give Carey a multimillion dollar settlement in return for her agreement to bail out of the label. Representatives for Carey, EMI, or Virgin Records could not be reached for comment.
Tags: Mariah Carey
Related News
Leave a Reply
Comment Rules: No profanity, comments must be related to the post, URLs posted will not be clickable (href is disabled), e-mail addresses in the message body will be deleted, and no personal attacks against other posters.
Allowable HTML: <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
