Sun: EMI Statement Due To Plummeting Stock Price

The Sun reports the reasoning behind EMI’s statement that they’ve not paid off Mariah to dump her from their record deal was because the news was pressuring the company’s stock. An insider at Virgin told Dominic Mohan, “She’s still with us at the moment but that could change. There is a lot of maneuvering going on but talk of her being dropped is premature. The bosses were furious at all the speculation that they might splash out on such a huge severance deal.” Read more.

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