Arista, Whitney Houston Sign $100-Million Pact

Arista Records signed a $100-million pact with Whitney Houston under which the pop diva is expected to deliver eight albums to the Bertelsmann-owned record label. Houston is one of the industry’s biggest global stars, selling tens of millions of albums since signing with Arista in 1983. Under her previous recording agreement, the singer already owed five albums to Arista, sources said. Houston agreed to deliver two additional albums plus a greatest-hits package under her new contract.