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Business News Deals Labels & Publishers
Emerson, Lake & Palmer sign catalogue deal with BMG
By Andy Malt | Published on Thursday 26 November 2015
Emerson, Lake & Palmer have struck a worldwide deal (excluding South East Asia) with BMG for their entire back catalogue, with a re-issue campaign now planned for the first seven of the group’s albums. As part of the deal, the company also gets the rights to Greg Lake’s solo single ‘I Believe In Father Christmas’. How very festive.
The deal is Union Square founder Peter Stack’s biggest deal since joining BMG as head of its catalogue division earlier this year. He said in a statement: “ELP have created an extraordinary body of work which helped to define progressive rock, and we are delighted that they have placed their faith in BMG. We will give this catalogue the respect it truly deserves and can promise some exciting times ahead for both existing and future fans of Emerson, Lake & Palmer”.
ELP manager Stewart Young added: “ELP and myself are looking forward to the opportunity of working with BMG. This agreement brings our catalogue under one roof for the first time for the world outside South East Asia. BMG shares our belief that these works should be treated with the upmost respect, with reissues which offer the kind of quality that our fans deserve”.