Will a papered ceiling dry back and lose the blisters caused by emulsion?

I am decorating my living in which the ceiling has been papered and previously painted over. I started to apply a good basecoat paint, to help hide the colour, before applying the finished cream colour I want my ceiling to be.
I have encountered the following problem:-
The existing paper on the ceiling has blistered and come away from the ceiling in various places soon after it has been painted. Can you advise me please as to wether the paper will dry back to appear flat on the ceiling again or will the blisters remain?
If the paper doesn't dry back then it will be a problem for me to repaper the ceiling with new paper.
I hope you can advise me in this matter and thank you for your consideration.
Regards,
Peter Arnold