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ABCNEWS VideoSource
Entertainment: Robbie Williams - EMI has clinched an 80-million-pound record deal with pop-idol Robbie Williams.
TAPE: EF02/0839 IN_TIME: 14:06:38 DURATION: 1:20 SOURCES: APTN/Montclare RESTRICTIONS: music video/performance rights must be cleared DATELINE: 2nd October 2002, UK SHOTLIST Martin White Material 1. Vs Robbie arriving at Heathrow airport this morning (02/10/02) Montclare Material 2. Video clip - 'Something Stupid' - Robbie Williams ROBBIE WILLIAMS SET TO BREAK RECORDS WITH £80 MILLION DEAL Robbie Williams is set to sign the biggest record deal in British music history, it was reported today. The 28-year-old star is on the verge of agreeing a contract with EMI Records thought to be worth as much as £80 million (USD$120 million). That would dwarf the previous biggest UK deal, which was the £42 million (USD$63 million) paid to Sir Elton John in 1996. The global contract is believed to be second only in value to Michael Jackson's staggering £623 million (USD$935 million) deal with Sony in 1991. Williams' multi-album deal will mark the end of a bidding war between rival record labels. Sony, BMG and Richard Branson's V2 label were all said to be interested in signing the star. He is Britain's biggest male artist and his last album, 'Swing When You're Winning', was a huge hit. EMI have guided his solo career since he left boy band Take That, but their contract with him expired earlier this year. Williams, who releases new album 'Escapology' next month, toyed with the idea of setting up his own label at one point. The new deal, thought to be for four albums, is said to include a promise that EMI will help him become a success in the US - a lucrative market he has so far failed to crack. Williams also demanded access to his back catalogue and assurances that EMI would embrace the internet and DVD. He has spent the past six months in LA where he began a romance with Rod Stewart's ex-wife Rachel Hunter. Williams flew in to Heathrow last night from Canada, where he has been shooting the video for his new single 'Feel', with actress Daryl Hannah. He is reported to be meeting EMI executives today to finalise the details. EMI's last big-money deal, with US diva Mariah Carey, did not end well. Carey signed a contract with the company's subsidiary Virgin Records America, which would have netted her $70 million for five albums. But her album 'Glitter' was a commercial flop and EMI pulled the plug on the deal with a $20 million pay-off. CLEARANCE DETAILS TITLE: Something Stupid ARTIST: Robbie Williams and Nicole Kidman WRITER: Parks PUBLISHER: Chrysalis LABEL: Montclare Music