The Rolling Stones just announced that they would be leaving EMI in order to pursue a long-term contract with Universal Music Group. The legendary little rock band that could (they’ve been around for an impressive 46 years) wants to keep chugging, and this latest move will allow them to do so as they please.
The Rolling Stones just announced that they would be leaving EMI in order to pursue a long-term contract with Universal Music Group. The legendary little rock band that could (they’ve been around for an impressive 46 years) wants to keep chugging, and this latest move will allow them to do so as they please.
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The deal includes the recording of several future Stones albums and also provides UMG with access to the band’s incredible back catalog, including such landmark albums as Sticky Fingers and Exile on Main Street. UMG already has big plans for the catalog, which includes an ambitious venture to make all of the Stones’ previous work available for digital purchase.
The move shows the Stones’ obvious faith in UMG, as prior to the agreement the band has had sole ownership over their catalog since acquiring it from Warner, EMI, and Sony BMG in 1991. In a statement regarding the deal, the band said “Universal are forward thinking, creative and hands-on people. We really look forward to working with them.”
UMG seems just as confident about the deal as Mick and the boys, releasing a statement saying, “Having worked closely with [the Rolling Stones] during my days at Atlantic Records, I am thrilled to be reunited with these seminal musicians who have set the bar for all rock bands in their paths. I couldn’t be happier that they’ve chosen UMG as their partner for what will certainly be the next chapter in their already storied career.”
EMI, however, can’t get no satisfaction. But despite losing the Stones, they were good sports, wishing the band “well in their new venture.”
