Mariah Carey's label, EMI (Virgin Records), has bought out her contract and paid her $28 million to cancel her contract. There seems to be a little confusion as to who claims to have cancelled who. Mariah's publicists say that it was her doing; EMI says they are the ones that cancelled the contract.
Anyway, here's the link to the full story:
http://dailynews.yahoo.com/h/nm/2002...arey_dc_9.html