Tuesday, November 17, 2009

Mariah Carey Takes on the Major Record Labels

Mariah Carey on record labels: “Frickin’ idiots! Big, powerful music-industry executives made a giant mistake, and now we’re all paying the price. Frickin’ idiots!” Read the article in timesonline.

It also talks about her deal with Elle Magazine. You get the issue dedicated to her if you buy her new album, Memoirs of an Imperfect Angel. She commandeers the issue. The article states She and her record company, Island Def Jam, part of Universal Music Group, sold the ads (in this issue) for up to $100,000 a page, making far more than the peppercorn Elle was paid to produce the magazine. “I can’t tell you how little money we made on this,” says Carol Smith, the chief brand officer of Elle, ruefully. She also covers Foreigner's I Want To Know What Love Is.

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