AXL ROSE SIGNS NEW DEAL:
January 25, 2005
Guns N’ Roses main man Axl Rose has signed a new publishing deal with one of the fastest growing music groups.
In recent years, Sanctuary Music Group have followed an aggressive strategy of signing established acts to its catalogue to gain market share and publishing rights.
Axl Rose follows a string of high-profile artists including Lou Reed, Fun Loving Criminals, UB40, the New York Dolls and Morrissey onto Sanctuary’s roster.
The deal, confirmed by the label yesterday (January 24), will include all Guns N’ Roses back catalogue and new material.
A spokesperson for Sanctuary Group told Music Week the deal represents the latest step in building the Sanctuary Music Publishing portfolio, adding ‘publishing is a strategic priority for the group.’
Axl Rose’s now legendarily overdue new album ‘Chinese Democracy’ is thought to be due out this year and the new deal suggests that a release may well be imminent.
Courtesy of www.soundgenerator.com