Mariah Carey took a moment to look back at a pivotal early-career crossroads while honoring music executive Jody Gerson at Billboard’s Power 100 event in Los Angeles on Wednesday (Jan. 28). As Carey stepped on stage to introduce Gerson — Billboard’s Executive of the Decade and the chairman/CEO of Universal Music Publishing Group — she shared a striking story from when she was just starting out.
Carey revealed that at only 18 years old, she came dangerously close to selling her publishing rights for a mere $5,000. “I almost sold my publishing when I was 18, for $5,000,” she told the audience, adding with a knowing smile, “We remember some of the songs in the catalog, right?” Reflecting on the moment, she admitted that having the right guidance back then could have made all the difference. “If I’d had someone like Jody protecting me, it never would’ve even gotten that far,” she said.
Thankfully, Carey held onto her rights — a decision that would shape music history. She went on to emphasize the unmatched power of songwriting, reminding the room that “none of us would be here today without the transcendent force of a song.” She praised Gerson as one of the industry’s most relentless champions of songwriters, noting that since taking the helm at UMPG a decade ago, Gerson hasn’t just led with influence but with purpose. According to Carey, Gerson stands not only as the most powerful woman in music, but as one of the most impactful executives across entertainment as a whole.
After a video tribute featuring UMPG artists such as Chris Martin, Brandi Carlile, J Balvin, and Barry Gibb, Carey highlighted Gerson’s tangible achievements. Under her leadership, UMPG has reportedly tripled its publishing revenue, all while consistently standing up for the value of songs and the people who create them. Carey applauded Gerson’s ability to lead with “grace, integrity, and fearlessness,” while using her position as a platform to build meaningful bridges beyond the music world.
Speaking personally, Carey added that as a UMPG artist herself, she has seen Gerson’s advocacy firsthand. “I know her power very well,” she said, expressing gratitude for working alongside someone who so passionately and consistently fights for songwriters.
When Gerson took the stage to accept the honor, she called the moment deeply meaningful, especially receiving the award from “an artist and songwriter who has spent more weeks at No. 1 than anyone in history.” She described her role as “the best job in the world,” sharing how working with legendary artists and writers has touched her heart and enriched her life.
Gerson also addressed the broader responsibilities of the industry, stressing that creating opportunities for women and prioritizing meaningful work for artists shouldn’t be optional. “It’s a responsibility we should all feel — actually, it should be a requirement,” she said. She pointed to her involvement as a cofounder of She Is the Music and as a board member of mental health advocacy organization Project Healthy Minds as part of that commitment.
Closing on a hopeful note, Gerson reflected on music’s unique role during uncertain times. “In a world filled with tension and turmoil, I’m proud to be part of an industry that brings music into the world,” she said. “And with it, hope, unity, and healing.”
