Carey parted with Columbia in 2000, and signed a record-breaking $100 million recording contract with Virgin Records America. In the weeks prior to the release of her movie Glitter and its accompanying soundtrack in 2001, she suffered a physical and emotional breakdown and was hospitalized for severe exhaustion. The project was poorly received and led to a common decline in the singer’s career. Carey’s recording contract was bought out for $50 million by Virgin and he or she signed a multi-million dollar take care of Island Records the next 12 months.
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