Sunday 22 June 2008

Oasis sign three-album deal

Oasis have signed a new three-album deal with Sony-BMG in a move which will signal the imminent release of their seventh studio album. 
Billboard reports that the agreement is a profit-sharing one with the Manchester band continuing to release music independently on their Big Brother imprint, while Sony-BMG will handle global distribution and marketing.
Oasis' first three albums were released by Creation Records, which enjoyed a relationship with Sony.
When Creation closed at the start of the new century, Oasis launched Big Brother, with distribution handled by Sony's Epic.
During that agreement, the band released a further three studio albums - 'Standing on the Shoulder of Giants', 'Heathen Chemistry' and 'Don't Believe the Truth'.
Oasis' seventh, as-yet-untitled album is expected to be released this Autumn with the band gearing up for the release with a number of shows in Canada and the US in August. They will then perform in Mexico in November.
A spokesman for Sony-BMG said: "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".