She wrote that she will be launching a new label through
Sony to release her new music but called media reports on the nature of the
deal and its dollar amount “inaccurate.”
Last year, Hill pleaded guilty for failing to pay federal
taxes on $1.8 million earned between 2005 and 2007. On Monday, a federal judge
postponed Hill's tax evasion sentencing, giving her until May 6 to pay off her
liability, which now stands at $504,000 after Hill made a payment of $50,000
late last year.
During last Monday's proceeding in Newark , N.J. ,
however, Assistant U.S. Attorney Sandra Moser revealed that Hill had signed a
new deal with Sony, and was set to receive $1 million for recording five new
songs, plus additional money for an entire album's worth of music, according to
NJ.com.
However, according Billboard, Hill has yet to finish writing
and recording the new songs; a rep for the singer declined to provide further
details on the deal.
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