December 02, 2016  

Queen Confirm EMI Departure and New Contract With UMG

November 9, 2010 (3:55 am) GMT
The rock band finally announced that they are leaving the ailing label to join Universal Music Group which will release the re-mastered versions of their albums in 2011.

Rockers have confirmed they are abandoning their longtime record label EMI to sign a lucrative new contract with the Universal Music Group. It was rumored in May that the "Bohemian Rhapsody" legends would follow in the footsteps of Sir and quit the faltering company after almost 40 years.

And on Monday, November 8 the band announced they will be defecting to Universal in an undisclosed multi-million dollar deal. Guitarist Brian May says, "We are very excited, after all this time, to be embarking on a new phase of our career - with a new record company, with new ideas, and new dreams."

Universal bosses are now making plans to release re-mastered versions of all of Queen's studio albums next year.

It is the latest blow for EMI, which was taken over by private equity firm Terra Firma in 2007 and has lost a host of talent from its books, including , Supergrass and .

More Queen News

TODAY'S HEADLINES

  1. 'Full House' Creator Buys Original Tanner House in San Francisco for $4M
  2. Mandy Moore Talks About Her Lesbian Mother and Gay Brothers
  3. 'Good Girls Revolt' Canned by Amazon After One Season Only
  4. Kristen Stewart Racing Through L.A. in Rolling Stones' 'Ride 'Em on Down' Video
  5. Anderson Cooper Was Once Set Up With Andy Cohen, but Turned It Down
  6. Justin Bieber Spotted Reuniting, Holding Hands With Hailey Baldwin in Los Angeles
  7. Kid Cudi Teams Up With Travis Scott for 'Baptized in Fire', Reveals the Release Date of New Album
  8. Michael Fassbender Engages in Epic Carriage Chase in Extended 'Assassin's Creed' Clip