Oasis are getting ready to release a new album and already set to expand its worldwide marketing further by signing a three albums deal with Sony BMG. The new contract will be a profit-sharing deal as the band will still create music under their own label Big Brother Records, while Sony only handles the global distribution of the rockers next three records.
Explaining about the deal Sony BMG U.K. CEO, Ged Doherty 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." Adding to the statement above Oasis management principal Alex McKinlay stated, "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."
Meanwhile, the band's upcoming studio album, which will be their seventh, hasn't had a title or a release date yet but the band did confirm that the new LP is expected to due before the end of year. Revealing some details about the new record previously the rockers' vocalist, Liam Gallagher, said to the press, "All the songs are wrote, this record's gonna be f****n' rockin'. There's no acoustic on it, man. We rehearsed about 10 tunes before coming in. Three are mine. Some are Noel's, some are Gem's, some are Andy's."
Beside preparing a new LP, Oasis are also ready to hit the road for a tour in the U.S. They will start their North American tour in Seattle on August 16.