Previous rumors saying that The Rolling Stones will be departing from their label EMI turns out to be true after the latest reports confirmed that the veteran rockers have signed a deal with Universal Music. The long term agreement gives the company the rights to handle the all of band's upcoming album's sale including its digital release.
Confirming the news the company said, "Universal Music Group will begin planning an unprecedented, long-term campaign to reposition the Rolling Stones' entire catalogue for the digital age." Meanwhile revealing their excitement with the deal the Stones stated, "Universal are forward thinking, creative and hands-on music people, We really look forward to working with them."
Moreover, with the new contract deal from this date every new albums from the rockers will be released worldwide via Universal's Polydor label. Previously, the band have actually dropped a record under the company, which is a live album titled "Shine a Light" on April 1.
Earlier, there had been rumors that the rock act were planning to leave the label that they have worked with for about 30 years. At that time it wasn't Universal that was rumored to be the Stones' next destination but famous music promoter Live Nation that was tapped to be the company that will sign them.