Stone 'Wants Out Of Record Deal'
Soul singer JOSS STONE is so desperate to quit her record label EMI she is willing to forfeit $3 million (£2 million), according to reports.
The 22-year-old British star signed an $11.25 million (£7.5 million), four-album deal with the company in December 2006.
But she reportedly wants to follow in the footsteps of The Rolling Stones, Supergrass and Radiohead, who have all left the label since it was taken over by private equity firm Terra Firma in 2007.
British newspaper The Mail on Sunday claims Stone asked to leave EMI in January (09) but the company refused, and she is now willing to give up $1.8 million (£1.2 million) from her advance payment, along with another $1.2 million (£800,000) she would expect for delivering her second album with the label.
The CD, Colour Me Free, was recorded last year and was expected to be released in April (09), but Stone is concerned EMI executives will not promote it thoroughly.
A source tells the newspaper, "She has no working relationship with them and no confidence they will support her or market her album properly. She's actually prepared to pay £2 million for her freedom - that's how bad it is. She wants to give back this money from her advance to EMI so that she can get out of the deal. Then she'll release the album some other way."