Mary Ouellette, SheWillShootYou.com (2) / Karl Walter, Getty Images The ever-evolving music industry endured another shift recently when Vivendi SA’s Universal Music Group agreed to sell Sanctuary Records, the onetime label of metal giants Black Sabbath , Iron Maiden and Megadeth , to BMG Rights Management. The Los Angeles Times reports that the deal was part of divestitures required by European Commission regulators. Sanctuary Records was among the assets requested by European regulators and sources report the label was sold for $62 million. In addition to Black Sabbath, Iron Maiden and Megadeth, Sanctuary released albums from Motorhead , The Kinks and more. Sanctuary is the second label sold off by Universal Music this month, with Parlophone recently being sold to Warner Music Group. Parlophone had the rights to past releases from Coldplay , Pet Shop Boys and Tina Turner. Universal has yet to sell off two additional assets — Co-op, a British independent marketing and sales company and EMI’s European stake in the ‘NOW!’ musical venture. [button href=”http://loudwire.com/best-megadeth-songs/” title=”Next: 10 Best Megadeth Songs” align=”center”]
Posts Tagged ‘universal’
Universal Sells Former Black Sabbath, Iron Maiden + Megadeth Label Sanctuary to BMG
February 17th, 2013 
Metalkult 
Posted in News 
Tags: angeles-times, black-sabbath, british, getty-images, iron maiden, released-albums, rights, rock, sell-off-two, two-additional, universal, warner-music 
No Comments »Megadeth Announce June Release for Upcoming Album ‘Super Collider’
February 12th, 2013 Metalkult Photo Credit: Travis Shinn Big news for Megadeth fans! The thrash legends have unveiled the title of their upcoming 14th studio album, along with the new record label it will come out on and the month of release. Megadeth’s 14th full-length will be titled ‘Super Collider’ and will hit stores in June of this year. Additionally, after releasing three albums with Roadrunner Records (‘United Abominations,’ ‘Endgame,’ + ‘TH1RT3EN’), Megadeth will unleash ‘Super Collider’ on frontman Dave Mustaine ‘s own label, Tradecraft, which will be powered by Universal. “It was a real thrill for us to learn there was an opportunity to join Universal,” says Mustaine. “It seems like every time you see a great band or music video?, it comes from a Universal label … Being with Universal is by far the most exciting and prestigious home? for Megadeth ever! We are electrified with what the future holds and the possibilities such a powerhouse like Universal will bring for us all. Mustaine continues, “We have worked with some great people over the years, and it is amazing to see so many of them on the Universal team for our new record, ‘Super Collider.’ If Megadeth being here isn’t satiating enough, having Tradecraft as my own label is going to be really amazing for metal bands around the world.” Mustaine adds that the split with Roadrunner was amicable, with the band simply having honored their contract with the label. “We completed our contract with them, which not a lot of many metal bands have the luxury to have been able to complete contracts. They usually either break up or quit or give up and stuff like that, but we were honorable and finished our contract with them and we moved on. And we’ve actually got a fantastic relationship with a brand new label. We have eleven songs already recorded. We wanna give them thirteen, ’cause, you know, the B-sides and Japanese releases and all that kind of crazy stuff.” Stay tuned for more updates on ‘Super Collider’ and get ready for the album to drop in June! [button href=”http://loudwire.com/best-megadeth-songs/” title=”10 Best Megadeth Songs” align=”center”]
Posted in News Tags: a-brand-new, band, contract, japanese, megadeth, possibilities, roadrunner, super-collider, universal No Comments »Ghost Putting Final Touches on 2013 Album
December 13th, 2012 Metalkult Seven Four Ent. Swedish heavy metal act Ghost have proven to be one of the most bizarre major successes of 2012. Having kept their faces out of the spotlight with an evil Pope frontman and cult-like black hooded robes, Ghost signed a record deal with Seven Four Ent., which is under the Universal umbrella. Luckily for fans, Ghost are now finishing up their first album under that deal, which will be released in 2013. In an official press release, Ghost announced that they are now putting the finishing touches on their as-yet-untitled follow-up to their debut album, ‘Opus Eponymous.’ The debut disc was met with massive acclaim, and rightly so. For those who haven’t listened to Ghost, do yourself a favor and check out their music. Although simple in nature, the unpolished and chilling cadence found in ‘Opus Eponymous’ is not only brilliant, but strangely original. If that description doesn’t convince you, this quote from one of the nameless band members may change your mind: “Hard rock is about who has the biggest d–k and pop music is about who’s got the smallest. I guess we’re pretty average. But in order to have a big d–k, you have to have it mentally.” Meanwhile, Ghost will play a special show this Saturday, Dec. 15, in their hometown of Linköping, Sweden. Check out some of Ghost’s music below and stay tuned for details on their next album as news breaks. Ghost, ‘Elizabeth’
Posted in News Tags: a-record-deal, a-special-show, check-out-some, check-out-their, ghost, hometown, news, saturday, seven-four, smallest, universal No Comments »
