Inks a deal for three more albums
NEW YORK -- Oasis has expanded its partnership with Sony BMG by signing a new three-album deal with the company. The profit-sharing agreement will find Oasis continuing to release music on its own Big Brother imprint, with global distribution and marketing by Sony BMG.
Oasis' first three albums were released by Creation Records. Afterward, the band launched Big Brother and inked a distribution deal with Sony's Epic label for the albums "Standing on the Shoulder of Giants," "Heathen Chemistry" and "Don't Believe the Truth."
The first fruit of the pact will be Oasis' seventh, as-yet-untitled album, which is expected before year's end. Sony BMG will all pursue worldwide initiatives with the band's back catalog.
"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," said Sony BMG Music Entertainment U.K. chairman/CEO Ged Doherty.
Added Oasis management principal Alex McKinlay, "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."
Oasis will return to the road in the summer for a short North American tour, beginning Aug. 26 in Seattle. Three dates in Mexico are also on tap for November.
