Rolling Stones to join bands quitting EMI – Telegraph

The Rolling Stones have painted it even blacker for EMI, as they became the latest band to sever links with the beleaguered British record label.

The band have signed an exclusive recording agreement to release their next album (a one off deal for the soundtrack CD to Martin Scorsese’s film Shine A Light) through a rival and will not renew their contract when it expires in May.

The move marks the end of a 16-year collaboration, which has earned EMI more than 3 million a year.