Carlos Santana has renegotiated a deal that will keep him in the Arista fold. The announcement is expected to take place at a New York press conference this morning.
The move comes as somewhat of a surprise as Santana — whose career was given new life with the 12 million-selling, eight Grammy-winning “Supernatural” album, his first release on Arista — had widely declared his desire to continue working with recently departed Arista topper Clive Davis.
For his part, Davis had also publicly expressed his interest in maintaining the relationship with Santana at his forthcoming joint venture with BMG.
Speaking of that new joint venture, a trio of Arista A&R execs (Hosh Gurelli, Keith Naftaly and Peter Edge) are thought to be joining Arista senior staffers Richard Palmese, Charles Goldstuck and Tom Corson at Davis’ new company.
Radio promotion maestro Palmese’s contract at Arista expired alongside Davis’; exec veep/G.M. Goldstuck and senior veep of worldwide marketing & sales Corson will smooth the transition from Davis’ regime to newly installed topper Antonio “L.A.” Reid’s team before joining Davis in August.
Among the artists said to be segueing from the house that Clive built to the house that he’s about to build are boy band LFO, soul diva Deborah Cox, R&B trio Next and 13-year-old female blues guitarist-vocalist Shannon Curfman.