Perez Hilton’s Getting A Label Deal
From The New York Times,
"Mr. Lavandeira [Perez Hilton] has been negotiating a deal that would provide him with his own imprint at Warner Brothers Records, a division of the music giant Warner Music Group, he said. This was confirmed by several other people associated with the talks who spoke on condition of anonymity because no deal has been made. The talks are preliminary, and an agreement is not certain, but Mr. Lavandeira could receive $100,000 a year as an advance against 50 percent of any profits generated by artists he discovers and releases through Warner Brothers, these people said."