Along with reports of Whitney Houston's widely-photographed exit from a New York restaurant on the arm of record mogul/mentor Clive Davis came comments about her Arista Records/Sony BMG recording contract that were not entirely accurate, according to Fox411 columnist Roger Friedman.

He explains in his Thursday posting: "Whitney Houston does not have a new contract with Arista Records/Sony BMG. She always had a contract.

"In 2001, L.A. Reid handed her a check for $20 million. She spent it. Her recordings didn’t earn out. So now, still under contract, she’s making a new album. She’s in New York working on what she started in Los Angeles a few months ago. All systems are go. "

"Arista, meanwhile, has rejiggered her financial arrangements. They did not give her $10 million, as reported elsewhere. But sources at the company tell me that Houston has been compensated recently, they’re looking out for her, and making sure she’s happy and in good shape. How will it all turn out? Your guess is as good as mine."