04-18-06: Michael Jackson Signs New Record Deal
Michael Jackson has announced a record deal with 2 Seas Records that will hopefully see an album of new material in "late 2007."
Abdulla Hamad Al-Khalifa (the Prince of Bahrain) owns the label, which is also distributing Michael's yet-to-be-released Hurricane charity single. Michael has been staying in Bahrain recently and the new album is a joint venture between him and the Prince.
"I am incredibly excited about my new venture and I am enjoying being back in the studio making music," Michael revealed.
Guy Holmes has been "tapped" to be CEO of the 2 Seas label according to Billboard.com. Holmes is mostly known for his role as chairman of Gut Records. He was the man behind Tom Jones' Reload album which featured the massive hit Sex Bomb and rejuvenated the Welshman's career. Holmes was also responsible for the success of the animated Crazy Frog's Axel F single last year.
Source: MJNI.com