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Business News Deals Labels & Publishers
EMI renews and extends deal with Peter Gabriel
By CMU Editorial | Published on Friday 4 November 2011
EMI has renewed and extended its partnership with Peter Gabriel and his company Real World Records. Under the deal EMI’s label services division will handle the distribution of all of Gabriel’s solo recordings, while EMI Music Publishing will manage the Real World publishing catalogue outside the UK, including in the US for the first time.
Says Gabriel: “I’ve always believed that there is a role for record companies in the future. The model I like, however, is record company as a service industry, in which the artists own and control their work and have a menu of services to choose from. I am delighted that EMI have been forward-thinking enough to create such a model with their label services division and am happy we will be able to continue our long relationship through this channel”.
EMI top man Roger Faxon added: “Peter Gabriel has consistently been one of the boldest and most creative musicians of any generation. It’s been a privilege to have travelled so far with Peter on his innovative career path and I’m delighted that we’ve been able to broaden our partnership so we can continue to support his work right into the future”.
Interestingly, Gabriel’s deal, with both the label services division of EMI’s record label business and the EMI publishing company is exactly the sort of joined up integrated thinking Faxon has been trying to foster at the music firm of late. It’s just a shame EMI Music and EMI Music Publishing look likely to be split up sometime soon as current owner Citigroup tries to maximise the profits of its sale of the British music major.
