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Tuesday, 8 November 2011
BOWIE LOOKING FOR NEW LABEL PARTNER
BOWIE LOOKING FOR NEW LABEL PARTNER
David Bowie is currently shopping around for a new deal to administrate the rights in his back catalogue recordings, according to the FT. EMI currently controls Bowie's output from 1969 to 1990, which includes all of his seminal work, but that deal is up for renewal at the start of next year and he is seemingly in talks with both Sony and Universal about switching allegiances.
Quite what impact that would have on EMI in terms of revenue isn't clear, but it possibly has more significance from a PR point of view, in that it is another veteran British artist ending his relationship with the British music major. Though, of course, by January the EMI labels might be owned by Universal anyway, so it's probably not as damaging now as it would have been two years ago.
Bowie hasn't released an album since 2003's 'Reality' (through his own label Iso in conjunction with Sony/Columbia), but tweeted last week: "Just when I wanted to call it quits there goes Lou Reed inspiring the hell out of me! Back into the studio we go! ([in] January.) Great to be working with Lou again".
News stolen fresh from: http://www.unlimitedmedia.co.uk/
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