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Oasis Gear Up Three Albums Deal with Sony BMG |
Contributed By: McKay
Created On: Thursday, 19 June 2008
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 Oasis
Oasis' Big Brother Recordings will release the band's new albums in a profit share arrangement with the major label, while the band's label will also look after the distribution and marketing of the band's back catalogue in all major markets worldwide.
The group's first album in partnership with Sony BMG is due out later this year.
Oasis have released all of their albums on their own label since the dissolution of Creation Records in the late 1990s, including 'Standing On The Shoulder Of Giants', 'Heathen Chemistry' and 'Don't Believe The Truth'.
Alec McKinlay of Ignition management, who helped broker the deal, described the agreement as “imaginative and exciting”.
“This allows the band to take advantage of all the opportunities presented by the new business models available today as well as remaining totally in control of their own destiny,” he added.
Ged Doherty, Sony BMG UK chairman and CEO, echoed McKinlay's words, saying: “Oasis are in complete control of their destiny and could have chosen to sign with anyone - or even go it alone - so I am delighted that they have chosen to continue to work with us.”
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