March 25, 2017  

Queen Plan to Leave EMI, Considering to Join Universal

May 11, 2010 (9:47 am) GMT
When their contract in EMI is expired at the end of this year, Queen are going to have conversation with Universal to sign a multi-million dollar deal.
Queen Plan to Leave EMI, Considering to Join Universal

Rockers are planning to follow in Sir 's footsteps by quitting their longtime label EMI, according to a U.K. report. legend parted ways with the faltering record giant in 2008, transferring all distribution rights of his post-Fab Four material to the Concord Music Group last month.

And the "Bohemian Rhapsody" hitmakers, who have been with EMI for almost 40 years and have sold an estimated 300 million albums through the company, are in talks with rival label Universal to sign a multi-million dollar deal when the band's contract with EMI expires at the end of year 2010, according to Britain's The Times.

A source tells the publication, "EMI just decided they couldn't compete. It was too much to pay and they want to spend that money on developing new talent." Since EMI was taken over by private equity firm Terra Firma in 2007 it has lost a host of talent from its books - , Supergrass and have all left the label.

TODAY'S HEADLINES

  1. Nicki Minaj Teases Music Video for David Guetta's 'Light My Body Up' With On-Set Photo
  2. Watch Little Mix's Dreamy Cover of Rihanna's 'Love on the Brain'
  3. 'Walking Dead' Alum Steven Yeun and Wife Joana Pak Share First Photo of Their Newborn Baby
  4. Mama June Feels 'Like Frankenstein' After Skin Removal Surgery. Is She Giving Up?
  5. Blake Shelton and Gwen Stefani 'Torn Apart' by Her 'Flirtation' With 'The Voice' Contestant
  6. Katy Perry Reportedly Still Loves John Mayer. Will They Rekindle Their Romance?
  7. Trey Songz Slams Nicki Minaj: She Ain't Had S**t Before Me
  8. Han Solo Movie Adds 'Sing Street' Star Ian Kenny