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When it does, there are many people who are determined to get it. He commented: "A Rembrandt rarely becomes available. Jeff Ayeroff, co-managing director of Virgin in the US stated: "Janet is a world-class artist and we expect her growth to be enormous." Chairman Richard Branson spoke with Jackson privately to seal the deal. Chuck Philips of the Los Angeles Times reported that it had been the largest bidding war in recent memory and that "ne reason the bidding was so heavy, various industry observers have noted, was that Jackson-at just 24-is still a relatively fresh face on the pop scene and that her dance-pop style is ideal for today's pop/video climate." In addition, her potential as an international superstar proved to be the primary motivation for the label's investment. The 24-year-old singer, songwriter and actress signed an exclusive contract with Virgin Records it was announced yesterday." Her new contract guaranteed a twenty-two percent royalty payment, in addition to her then-historic signing bonus. The New York Times declared "Janet Jackson has signed what is believed to be the most lucrative contract in the history of recording.
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Jet magazine reported: "A recording company has offered in excess of $50 million to sign superstar Janet Jackson to a recording contract, making the 24-year-old singer/songwriter/dancer/actress the key player in one of the hottest bidding wars among today's major record companies." Reports indicated that Capitol, Virgin and Atlantic were all bidding for Jackson's contract, as her ties to A&M would soon expire by March, she had signed with Virgin. Rumors of a multimillion-dollar bidding war over Jackson's recording contract began to circulate in spring 1991. Academics argued the erotic imagery in her music videos have contributed to a higher degree of sexual freedom among women. Janet cemented her as an international icon and sex symbol, and is listed by the National Association of Recording Merchandisers and the Rock and Roll Hall of Fame as one of the 200 Definitive Albums of All Time. The MTV-sponsored Janet World Tour supporting the album received critical acclaim for Jackson's elaborate stage performances, reinforcing her reputation as one of the preeminent artists of the MTV generation. Janet remains one of only seven albums in history to produce six top-ten hits on the US Billboard Hot 100 chart, including the number-one singles " That's the Way Love Goes" and " Again". Internationally, Janet topped the record charts in Australia, New Zealand, Canada, South Africa and the United Kingdom, and has sold an estimated 14 million copies worldwide. Certified sixfold platinum by the Recording Industry Association of America (RIAA), it has sold over seven million copies in the US according to Nielsen SoundScan.
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Selling 350,000 copies in its first week, it set a record for the highest first week sales for a female artist at that time. In the United States, Janet became the singer's third consecutive album to top the Billboard 200 and her first to debut at number one. Much of her lyrics emphasize a woman's perspective on sexuality and the demand for practicing safe sex. Lyrically, the theme of Janet is sexual intimacy-an abrupt departure from her conservative image. An R&B record, Janet incorporated pop, hip hop, opera, house and jazz, eliminating the rigid, industrial sound of her previous records. Its title, read "Janet, period.", is meant to disassociate her public image from her family, dropping her surname. The contract was worth an estimated $40 million, making her the world's then-highest paid musical act.Ĭriticism that her success in the music industry was attributed to being a member of the Jackson family and a producer-dependent artist led her to write all lyrics for the album, in addition to co-producing every song and co-writing each of their arrangements with Jimmy Jam and Terry Lewis.
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After meeting with Virgin owner Richard Branson, she signed with the label. In 1991, her original label A&M sought to renew her contract, while others, such as Atlantic, Capitol, and Virgin all vied to sign her. Prior to its release, Jackson was at the center of a high-profile bidding war over her recording contract. Janet (stylized as janet.) is the fifth studio album by American singer Janet Jackson, released on May 18, 1993, by Virgin Records America.