Britney Possibly Losing Mind, Record Label

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After passing out drunk, er, due to exhaustion, and being taken out of her New Year's Eve party at Las Vegas club Pure, the last thing the incomparable Britney Spears needs is more stress.

But rumors are circulating that Spears is in danger of getting axed by her music label, Jive Records. Sleuth Cindy Adams' reports that Jive execs are deciding whether or not to drop the new Britney album - and maybe Britney altogether.

The Circus

Spears spent hours in Jive's New York studios last month, but produced sub-par tracks that failed to meet the label's approval. In addition, her hard-partying ways have damaged her image.

Spears' manager, Larry Rudolph, insisted yesterday that she'd revamp her image and continue to record, citing her "rocky period" as an excuse for her behavior. But some believe the album will never hit shelves.

"Like the rest of us, Jive is done with Britney Spears," a music industry insider dished.

Jive, however, denied the story, releasing a statement saying its "status with Britney Spears is fine... she continues to be one of our biggest worldwide artists and we remain 1,000 percent committed to her career."

Regardless of whether she's losing her record label, it looks more and more like Britney may be losing her mind. The New York Post reports that as the soon-to-be ex-Mrs. Kevin Federline left L.A.'s hip Italian eatery Dolce, she was overheard mumbling, "I love myself, I love myself."

When a gawker told her she looked "beautiful," the party girl screeched, "I love you for saying that!" She then celebrated the pat on the back by partying the night away at hotspot Le Deux. Awesome.

THG NOTE: Given this image we came across from yesterday, we're not sure if that onlooker was talking to the right person. Not one of the best Britney Spears pictures ever taken, that's for sure:

Also, the National Enquirer is reporting a Britney anecdote from late last year that is probably complete bull$h!t, but nonetheless believable, given who we're talking about - and not entirely unfunny.

According to the trashy tabloid, Britney was tricked by Paris Hilton into thinking she had jeopardized her chances of ever having an orgasm again - after the Brister got so faded that she lit the wrong end of a cigarette.

Paris apparently told her that would damage her ability to climax.

"'Oh my God! Don't you know that lighting a cigarette the wrong way and inhaling stops the blood flow to your private parts, and doing it more than once means you may never have an orgasm again!?"

Britney was horrified and ran around for about 10 minutes asking everyone in sight, including Lindsay Lohan, if they had ever heard that, before Paris admitted she was kidding.

Wow. And you wonder where blonde jokes come from. It was not specified whether the two had no pants on during the alleged incident.

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