home  |  celeb  |  music  |  movie  |  tv
Home > Music News

The Rolling Stones to Leave EMI for Live Nation?

June 16, 2008, 7:12 am GMT

The legendary rockers reportedly are set to depart from their record label and will join the famous tour promoters company.

The Rolling Stones

Legendary rockers The Rolling Stones are on the verge of making a big decision for their musical career as the band reportedly are about to sign a mega deal. Latest report suggested that the band will be signing a contract with famous concert promoters Live Nation and leaving their current label EMI for good.

Moreover, according to Guardian.co.uk's The Observer page, the deal is almost done and details for it would be announced in the next few days. The deal reportedly will be giving Live Nation a rights to market the Stones' back catalog which worth about 3 million pounds per year. Not only that, reports also said that the tour promoters would also control the rockers touring and merchandising in the future.

The Stones' contract with EMI actually has expired in February, but there haven't been any clear statements whether the band would extend it or move from the label. Meanwhile, the rock band's latest studio album release under the troubled record label was "A Bigger Bang", outed in 2005.

Previously, the legendary rockers already released a live album titled "Shine a Light", in April 1, with another record label, Universal Records, but it was only a one deal agreement. Apparently the latest reports also stated that Universal also have a part on the Stones upcoming deal with Live Nation as they will be receiving new catalog of the band from the tour promoters and also have the rights to sell it.

More The Rolling Stones News

TODAY'S HEADLINES

Snippet of Madonna's New Song 'Rebel Heart' Leaks

November 28, 2014, 9:32 am GMT

Sofia Vergara Poses With Joe Manganiello in Thanksgiving Photo

November 28, 2014, 9:20 am GMT

'Elementary' 3.06 Preview: Things Worth Killing for

November 28, 2014, 9:19 am GMT

Derek Hough, Julianne Hough and Maria Menounos Compete in Thanksgiving Dance Wars

November 28, 2014, 9:10 am GMT

Record Label: Adele Takes Lots of Time With New Album to Make It Right

November 28, 2014, 8:54 am GMT

Pharrell Williams: Mike Brown Asked for Trouble Before He Was Shot Dead

November 28, 2014, 8:24 am GMT

North Korea Slams James Franco and Seth Rogen's 'The Interview' Again

November 28, 2014, 8:07 am GMT

Zendaya Coleman Is Young Spy in First Promo for New Disney Series 'K.C. Undercover'

November 28, 2014, 7:46 am GMT
Switch to Desktop Version.