If you thought that Mariah Carey was done recording and releasing new music, you are wrong. The veteran songbird has secured a new multi-album deal with Epic Records.

Mimi's partnership reunites her with boss Antonio “L.A.” Reid who oversaw her 2005 comeback album, The Emancipation of Mimi, during her five-album run at Island/Def Jam.

Under her new contract, Carey is expected to release an updated version of her #1's greatest-hits album to coincide with her upcoming residency at the Colosseum at Caesars Palace in Las Vegas. The “Fantasy” singer easily stands to pull in at least $500,000 per show. Not a bad chunk of change.

According to Billboard, Carey is also hard at work on a new project for Epic Records. No word on a release date.

As you know, the “We Belong Together” singer has been going through a tough time in her personal life. Last year, her and ex-husband, Nick Cannon, separated after six years of marriage. The couple are parents of two young children, 3-year-old twins Monroe and Moroccan (aka Dem Babies).

In December 2014, Cannon quietly filed divorce papers to legally sever his marital ties to the singer. “We’ll forever be family. At the same time, we’re there for our children, making them the number one priority and understanding [that] they’re loved,” he said during an interview on Good Morning America.

We're quite sure Carey will have plenty of material to write and sing about for her next album. We can hardly wait.

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