29 January 2002
Mariah Carey is planning to sue EMI after the record company announced that it had 'terminated' her contract, rather than saying it had been 'cancelled'.
The original statement had been agreed by both sides, but EMI published a separate press-release for the stock market which was worded differently.
The record label came to an agreement with Mariah following poor sales of her latest album 'Glitter'.
She will receive a $60m payout to end the contract.
EMI's lawyer said: ''Certainly, it was not EMI's position that Ms. Carey was fired or anything like that, and there was no intention to create that impression."
Meanwhile, no sooner was the multi-million dollar divorce from Virgin Records announced, than the pop diva was on the hunt for a new label to pursue her musical career.
According to the New York Post, the troubled star was reported to be holding talks with Def Jam Records CEO Lyor Cohen about an album deal that could be worth in the region of $5 million per album.