February 14, 2008 1:45 PM ET
Having already lost Radiohead and possibly the Rolling Stones, EMI is now in danger of losing the global distribution rights to up-and-coming 'tween band the Jonas Brothers after their label Disney expressed concerns about EMI's ability to market the album given the record giant's recent restructuring of their staff (EMI was purchased by private equity firm Terra Firma last year). Disney's international distribution contract with EMI expires at year's end, but the Company That Mickey Built is already looking into a "change-of-ownership" clause that would allow them to opt out earlier. Leading the pack to pick up Disney's profitable international rights, which also include both the Hannah Montana and High School Musical franchises, is the Universal Music Group, who had to deal with the defection of the Nine Inch Nails but generally don't face the same uncertainty as EMI. Reportedly leading the charge for Disney to emancipate from EMI is the Jonas Brothers' management team, which includes the trio's father, Kevin Jonas, Sr. Disney and EMI both deny the rift.
Related Stories:
• Rolling Stones "Shine a Light" on Universal, Tenure With EMI Likely Over
• EMI Chairman Confirms Cutbacks, Says Bands May Be Sponsored Like Football Teams
• "Nude" Radiohead Video Hits Web, Thom Yorke Responds to EMI's Airing of Dirty Laundry
To read the new issue of Rolling Stone online, plus the entire RS archive: Click Here
-
-
MOVIES 'Star Trek' Is Crazy Good -
-
POLITICS No Price Big Banks Can't Fix
Picks From Around the Web
blog comments powered by Disqus
Daily Newsletter
X
We may use your e-mail address to send you the newsletter and offers that may interest you, on behalf of Rolling Stone and its partners. For more information please read our Privacy Policy.
Most Popular
Photos & Videos
Go To Content
Random Notes: Hottest Rock Pictures
Go To Content
Gallery: Summer Tour Preview 2013
