Mariah Carey to release 2 new music cd's in '07

Mariah Carey is slated to releaze two CDs in '07, according to UMG Chief Executive Doug Morris.

Maria's release of The Emancipation of Mimi was the top grossing CD of 2005 for the French-owned media group and fed consumer anticipation for her future recordings.

"I think that next year we're going to have our best year," Morris said at the Reuters Media Summit in New York. "I think our revenues and our profits will be the best we've ever had."

Maria's two as-yet-untitled scheduled releases along with releases from both 50Cent and Eminem are expected to be the benchmark for success for the music group in '07.

Morris went on to note that Universal expects to see significant revenue from digital sources including Apple's iTunes music service and mobile phone ring tones.

"We're going to make money from MySpace, we're going to make money from YouTube, we're going to make money from Zune," says Morris. "We will make a tremendous amount of money from telephones."

source: sohh.com