Island's coup: Carey and Capri
The record executive who signed Mariah Carey two weeks ago, traces his success to a telephone call he placed well before she became a free agent with a $28 million severance payment from her former record label, Virgin Records. Lyor Cohen, the head of the Universal Music Group's Island Def Jam label, said he made the call after her album Glitter came out and generated lackluster sales. He told her not to worry, and to call if she ever wanted to talk about working together.
Having signed Ms. Carey, Mr. Cohen and some Island Def Jam colleagues are off to Italy. He said that as they signed the contract, she said: "I guess you have to come to Capri now. That's where I'm making the new album." Mr. Cohen is taking 25 executives and their wives. (The New York Times) Many thanks to Mariah Mania.
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