The Greatest Contract Of All: 7...

[From London Evening Standard]

I Will Always Love You, says Whitney with 35m* contract

Whitney Houston has landed one of the biggest ever record deals - just for renewing her contract with her record label. The singer is to re-sign to Arista with a contract estimated to be worth 35m. Executives at Arista refused to confirm the exact sum, except to call it "very, very significant". Rumours began flying last year that Houston would leave Arista with its founder Clive Davis who has formed J records. But new Arista boss Antonio Reid made it a top priority to hold on to the singer, according to the New York Post
.

* Current exchange rates place the contract value at over 70m

NEWSFILE: 3 AUGUST 2001
 

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