Iglesias started his musical career on Mexican Indie label Fonovisa, which helped turn him into one of the most popular artists in Latin America and in the Latino market in the United States, and the biggest seller of Spanish language albums for a number of years. Before the turn of the millennium, he made a crossover into the mainstream English language market, signing a unique multi-album deal with Universal Music for an unprecedented $48,000,000, with Universal Music Latino to release his Spanish albums and Interscope to release English albums.
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