Stones get what they want: UMG
EmptyEnding months of speculation, the Rolling Stones have split with longtime label EMI and inked a new deal with Universal Music Group. The pact covers not only future studio albums but also the band's lucrative back catalog from 1971's "Sticky Fingers" onward.
EMI, which has endured a rocky transition to private-equity ownership by Terra Firma in recent months, is understood to have lobbied heavily to convince the Stones to remain with the company.
New recordings will be released via UMG's Polydor label, putting the distribution of the entire Stones catalog under one roof for the first time. The deal covers digital and physical distribution, with UMG already working on a strategy to digitize the catalog.
Juliana Koranteng is a contributor to Billboard.