Mariah Carey has signed a new deal with Island/Def Jam Records which will include her own label.
She has been without a label since January when she received €30m to end her contract with Virgin Records.
EMI, Virgin's parent company, dropped her contract after Glitter was a poor seller.
Carey has already begun recording a new record, says Jerry Blair, who has worked with Carey since she began her career.
Blair declined to put a financial figure on the new deal. Carey's spokeswoman says the singer would not be available to comment.
"Despite offers from many of our competitors, we are delighted that Mariah has chosen Island as the place to begin the next phase of her unprecedented career," said Lyor Cohen, president and CEO of Island/Def Jam.
Blair says Carey is in good spirits and "doing just incredibly well".
He says Carey's new label, as yet unnamed, will focus on her, but will eventually include other artists.
Carey has also created a media company to handle publishing, film production and other projects.
"Setting up this company for her is really guaranteeing her legacy," Blair said.