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[From Billboard Magazine] Excerpt from the Billboard Magazine interview with Clive Davis: "For the record, I must say that it's been incorrectly reported, and it never was imagined, that Whitney [Houston] or Carlos [Santana] would join us. It was always impossible for those two franchise artists that were 100% owned to become 50% owned [by BMG] when they accounted for $350 million in revenues from their latest albums. So that was never on the table. But the list of artists that I did submit--100% of them--did come to J Records, first with the consent of BMG and then from the artists themselves." NEWSFILE: 26 MAY 2001 |