Report: Stones To Leave EMI For Universal

July 25, 2008

Report: Stones To Leave EMI For Universal

Wow. The Times Online posted an article today that says the Rolling Stones will leave EMI and sign with Universal Music Group. No indication was given that EMI's new ownership or organizational structure was a reason for the departure. Instead, the article mentioned a "bidding war" and the Stones' desire to "court rivals in pursuit of a higher price."

This is a huge blow to EMI. It will miss out on both new releases and catalog since the Stones will take their post-ABKCO recordings to Universal.

Posted by Glenn at 9:00 AM | Link | EMI

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