Whitney Houston has singed a new record deal valued at $100 million. The once troubled diva’s pop career singer has been in decline in recent years, as she battled drug problems and a turbulent marriage to Bobby Brown.
However, the contract with Arista Records, Whitney’s home since her career began in 1983, is for a series of new albums, which could re-establish her as a force in music again.
Arista President Antonio ‘L.A.’ Reid confirmed the news in a statement, while Houston said she was ‘so excited’ to be returning to the studio.
‘I am happy to be continuing the relationship and I look forward to working with L.A. Reid and the new Arista family. I am so excited with this new deal and I’m looking forward to going into the studio soon to start work on my next album’, she explained.
Meanwhile, Reid said: ‘No one in the world can sing like Whitney, which is why she is regarded as the cornerstone of not only Arista but the entire music business.’