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Rolling Stones sign Universal soundtrack deal for 'Shine a Light'

By Chris V. Thangham     Jan 24, 2008 in Entertainment
The Rolling Stones, an EMI Group artist, announced today that they have signed a deal with EMI’s rival Universal Music Group. They signed a soundtrack deal with Universal for their Martin Scorsese-directed concert movie “Shine a Light."

Rolling Stone's "Shine a Light" Movie Trailer
Universal Music Group announced Thursday that they signed a soundtrack deal with the Rolling Stones, which has been an EMI Group member for almost 16 years. MSNBC.com says this doesn’t bode well for EMI Group, which already has lost Radiohead, Paul McCartney and rumours swirl that Coldplay may also leave them.
EMI is cutting more than 2,000 jobs this year and was acquired by a new owner, Terra Firma Capital Partners, last year and has reported declining music sales.
The Rolling Stones said the following in a statement:
The band are looking forward to working with Universal Music and are excited about this new venture.The Rolling Stones will sign a one album deal with Universal Music Group, which will release the Shine a Light soundtrack coming March.
The movie will be released by Universal Pictures, which is an associate company of Universal Music Group. The album will be released in Britain by Polydor Records.
Shine a Light” was filmed during a Rolling Stones performance at New York’s Beacon Theatre in autumn 2006. It will include special appearances by Buddy Guy, Christina Aguilera, Jack White from the White Stripes and rare archival footages of the band.
It includes appearances by Buddy Guy, the White Stripes’ Jack White and Christina Aguilera, along with rare archival footage of the band.
Universal Music Group International chairman and chief executive Lucian Grainge told the Associated Press:
“We are really proud to be working with the Rolling Stones, and so is everybody in Universal Music globally."
Universal Music Group is a subsidiary of the French telecommunications giant Vivendi SA.
EMI Group has dismissed this report and said their relationships with the Stones is not affected. It is only a one-time deal with Universal. EMI spokesman Andrew Dowler said since Universal Pictures is producing the film it made sense for Rolling Stones to release the music through their associate company Universal Music Group.
He said: It’s good spin: Universal are suggesting this is a broader thing, but it’s about one film, one soundtrack and had nothing to do with their relationship with the label…They’re an EMI band.The film will open the Berlin International Film Festival on Feb. 7 and is expected to be released in cinemas in April. If you are a Rolling Stones fan it is a must-see movie and with Martin Scorcese directing, it must be a landmark film. Scorcese had earlier directed another concert type movie The Last Waltz.
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