Just call her cashin' Carey

 

As Mariah Carey gets ready to release the fifth ("Say Somethin'") and sixth ("Fly Like a Bird") singles from her multiplatinum smash album, "The Emancipation of Mimi," next week, the actions of her former record company, EMI, seem even more foolish.

 

In 2001, EMI paid Carey a reported $80 million to release her next five albums, including a $21-million signing bonus before she released one song for the company. On Sept. 11, 2001, she released the soundtrack to her movie "Glitter," which flopped - in part, because the terrorist attacks on New York and Washington, D.C., shifted the pop-culture landscape away from everything lightweight and, in part, because it was pretty awful.

 

In January 2002, EMI's new chairman and CEO, Alain Levy, decided it would make more sense to pay Carey another $28 million to leave the company, instead of taking on the additional expense and risk of releasing another record from her. Rather than taking Carey aside and helping her create another massive hit (which was, you know, kind of their jobs), the EMI brain trust, like so many execs these days, decided that cutting costs was easier than expanding the business.

 

They embarrassed her by publicly asking her to leave. However, living well is the best revenge. Since leaving EMI, Carey picked up her 16th and 17th No. 1 singles, tying her with Elvis Presley for second place behind the Beatles in career No. 1's. She has returned to Grammy-winning, multiplatinum form, making tons of cash for EMI rival Island Def Jam. Wonder who's crying now?

 

One word: Karma :D :cheer:

Go Mariah! :cheer: Often thought that the disadvantage of people in the top jobs get too immersed in accounts and forget about the original purpose.

 

Example (not music related but the best I can do) is a headteacher. After so many years of being one, they sometimes tend to forget what it was like to teach in the classroom. Hope that made some sort of sense. :D

shows what EMI are missing

It was a daft decision by EMI. It would have been cheaper just to shelve all Mariah's albums or actually spend money on helping some of them be hits.

 

Thank God they were fools and asked her to leave. Without that there may have been no 'Mimi'.

To be honest I didn't really see anything of much substance coming from EMI, I don't know why, I just couldn't see anything worthwhile coming from them, I mean Glitter was good as far as albums but most consider it one of her worst albums, whereas it's one of the best for me :unsure:

I agree it was a daft decision by EMI. Defjam are reaping the rewards now when it could have been EMI celebrating.

I don't really think EMI knew which direction they wanted to take Mariah in -_-

I don't really think EMI knew which direction they wanted to take Mariah in -_-

Mariah has proven herself as a diverse artist in the music business. If what you think is correct, Mariah's diversity may have caused a problem for the decision makers. B)

Mariah has proven herself as a diverse artist in the music business. If what you think is correct, Mariah's diversity may have caused a problem for the decision makers. B)

Very good point John