Business | Jeff Leeds | April 3, 2001
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.
News | Chuck Philips | February 28, 2001
Just as actress Olivia de Havilland brought down the Hollywood studio system in the 1950s and outfielder Curt Flood fought for free agency in baseball in the 1970s, rock star Courtney Love is determined to radically redefine the nature of the music recording business for the next century.
Business | Chuck Philips | June 8, 2000
Time Warner is poised to sign an unprecedented, multimillion-dollar licensing deal this week with controversial MP3.com, sources said. The two-year agreement, which could be announced as early as today, would require MP3.
Business | Chuck Philips | November 21, 1997
PolyGram settled a lawsuit Thursday with Baltimore R&B act Dru Hill--just two days after the case went to trial in New York Superior Court. The young quartet sued PolyGram's Island Records division four months ago, seeking to break their contract because of an "invidious terrorist campaign" of "violent and coercive" acts orchestrated against the group by Island and its agents.
News | Chuck Philips | August 25, 1996
R.E.M., the hottest free agent in the music business, signed a five-album contract Saturday with Warner Bros. Records worth an estimated $80 million--the largest recording contract ever awarded, sources said.
Business | October 11, 1995
Rising Tide to Market Zero Hour Records: Rising Tide Entertainment Chairman Doug Morris signed an exclusive marketing and distribution arrangement with Ray McKenzie, founder of New York-based Zero Hour Records, home to such acts as the Dirt Merchants and 22 Brides.