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Aerosmith won’t miss a thing – at least when it comes to their masters – as the legendary rock band’s new contract with Universal Music Group means that they will soon have ownership of all of their master recordings.
If you haven’t heard … UMG has just announced that it will house Aerosmith’s entire recorded catalog ahead of its 50th anniversary, and house the group’s future musical projects and help develop other businesses for celebrate their history.
Since the group was founded in the early 1970s, it has gone back and forth between the hands of Sony and Universal… and it is expected to obtain all of its Sony masters in 2022.
However, despite the huge news with UMG, there was no deal in place for the band to get their masters back from Universal, for songs recorded during their time with this label … tracks such as “Dude Looks Like a Lady “,” Crazy “,” Amazing “,” Crying “,” Janie’s Got a Gun “and” Livin ‘On The Edge “.
This is where the director of Aerosmith, Larry rudolph, stepped up and conducted expert negotiations with UMG to get there.
We’re told he met executives there and made a deal that UMG would get the right to distribute the ENTIRE Aerosmith catalog – including his Sony songs – and in return … Aerosmith will get the rights. of their masters of their time with Universal Music.
The Result – Aerosmith will do 3 times what they currently get for their Achievement Catalog.
You must think that it will give a sweet emotion to the group.
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