THE ROLLING STONES Leave EMI For Universal
July 25, 2008, 16 years ago
The following report is courtesy of Billboard.com:
Ending months of speculation, THE ROLLING STONES have split with longtime label EMI and inked a new deal with the Universal Music Group. The pact covers not only future studio albums but the band's lucrative back catalog from 1971's Sticky Fingers onward.
EMI, which has endured a rocky transition to private equity ownership by Terra Firma in recent months, is understood to have lobbied heavily to convince the Stones to remain with the company.
New recordings will be released via UMG's Polydor label worldwide, putting the distribution of the entire Stones catalog under one roof for the first time. The deal covers both digital and physical distribution, with UMG already working on a long-term strategy to digitize the catalog.
Read more here.
