EMI Taking Vinyl Sales Seriously – Reissues Radiohead, Coldplay
EMI Music has announced that it will be launching a vinyl re-issue initiative in August, hoping to generate additional revenue based on the latest upswing in vinyl sales. The reissue series, dubbed “From the Capitol Vaults,” will debut with eight, out-of-print titles including Radiohead, Coldplay, A Perfect Circle, and the Steve Miller...
Live Nation Inks 360 Degree Deal With Nickelback Valued At $50 Million Plus
Live Nation has now inked a 360° deal with Nickelback that will involve recording, merchandising, licensing, sponsorships and touring. The agreement with the Canadian band, who has sold 26 million albums to date will be a multi-year arrangement including three albums and three tours, with an option for a fourth/album tour. Live Nation did not disclose financials although insiders value the deal at $50 million plus. The deal...
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