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Business News Deals Labels & Publishers
Phoenix and One Media to re-release Gut and Jet Star catalogues
By CMU Editorial | Published on Thursday 7 April 2011
Catalogue label Phoenix Music has announced an alliances with digital rights company One Media which will see a number of digital compilations put out into the market using tracks from the old Gut Records and Jet Star catalogues, which Phoenix acquired when the two former independent record companies went bankrupt in 2008 and 2009 respectively.
According to Music Week, the compos will include music from some 1200 artists, including Jimmy Somerville, Rick Wakeman, Space, Tears For Fears and Tony Christie.
One Media’s Michael Infante told Music Week: “This is yet another multi layer deal with over 1200 artists and over 8000 tracks and further demonstrates our ability to acquire cross-genre of music catalogue styles. This will work well for us within the One Media established catalogue of music rights and will be recompiled with existing One Media recordings to form many new and exciting albums”.
