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Universal Gathers Rolling Stones For CD Deal

  • BBC, Thursday, January 17, 2008 1:30 PM
Universal has signed a one-album deal with the The Rolling Stones to release a live CD that will accompany the release of Martin Scorsese's documentary--"Shine a Light"--of the band's concert tour last year. The announcement comes as the band considers its options after its 16-year deal with troubled EMI ends next month. A new deal would incorporate the Stones' back catalogue from 1971 onwards--which is owned by the band--as well as new recordings.

The deal will trigger speculation that the Rolling Stones are considering following the lead of long-time contemporary Sir Paul McCartney, as well as Radiohead, in leaving the label. Other EMI giants, including Kylie Minogue and Coldplay, are considering jumping ship.

After leaving EMI, Sir Paul branded the label "boring," saying its handling of his music was "symbolic of the treadmill." Last week, Robbie Williams' manager Tim Clark said the singer would withhold new records if assurances were not given over marketing and promotion.

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