Whitney Houston’s Estate Could Owe Sony Records Millions
7:53 AM EST 3/2/2012 by Amir Shaw1,376 Views SHARE
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Whitney Houston’s illustrious career included six Grammy Awards, 22 American Music Awards and 30 Billboard Music Awards. However, the greatest R&B female singer in history may have died owing her record company millions.

According to a report by Radar Online, an insider revealed that Houston’s earnings had dwindled tremendously.

Most of it stems from her failure to recoup on her Sony deal that paid an advance of $100 million. It was also reported that Clive Davis gave her a $1.2 million loan through Sony records.

Houston’s estate should hire great attorneys who can fight to get the family more residuals from her earnings. Otherwise, it could take years before any profits are realized. –amir shaw