Legendary band jump ship…
According to The Times, the legendary band have signed a one-album deal with the label.
The new signing will follow the band’s current five-year EMI deal, estimated at £14 million, when it expires in May.
A spokesman for the band commented: “The band are looking forward to working with Universal Music and are excited about this new venture.”
Meanwhile, the band will release a CD to accompany the Martin Scorsese film ‘Shine A Light’, in which they are filmed playing two live gigs at New York’s Beacon Theatre in 2006.
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