JFH doesn't like to report on any unofficial news before released by a label or artist, but a reader pointed us to a Fox News
report posted yesterday about U2 being in talks with concert promoter Live Nation to also distribute their albums. The report,
written by Roger Friedman, also went on to cite Michael W. Smith as "in talks" with Live Nation as well, which would cause
the artist to leave his longtime relationship with Provident Label Group. Here's a portion of Friedman's report...
"I told you earlier this week that the Rolling Stones are looking at a deal with concert promoter Live Nation that would also cover the release of their CDs. The deal is similar to the one Madonna signed in 2007."Now I’m told that at least two more big acts are in talks with Live Nation along similar lines. The most surprising of these is U2, which has spent its entire career on either Island Records or a company connected to it, Interscope. They are all part of the Universal Music Group...
The other artist I’m told is talking to Live Nation is Christian singer Michael W. Smith. The singer records for Franklin, Tenn.-based Reunion Records and has an enormous following in the Christian niche market."
For Friedman's full article at Fox News, click here!
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