Oasis have confirmed they are renewing their relationship with SonyBMG, which will see the major distribute and market the band's next three albums, as well as working on catalogue projects.
Oasis have had a long relationship with Sony Music, originally via the major's stake in their original label Creation Records, and more recently through a partnership between the major and Oasis' own indie label Big Brother Recordings. The new deal expands that partnership, though the specifics are not known.
Confirming the new deal, SonyBMG UK top man Ged Doherty told CMU: "Oasis are in complete control of their destiny and could have chosen to sign with anyone - or even go it alone - so I am delighted that they have chosen to continue to work with us. In addition this new arrangement will empower Big Brother to market and release not only the new albums but also the historic catalogue in many other countries of the world so that they can replicate the unparalleled sales and marketing record they have in the UK".
Alec McKinlay from the band's management reps Ignition added: "This is an imaginative and exciting arrangement which will allow Big Brother to team up with the creme of both the independent and major sectors worldwide to build on Oasis' already considerable international success. This allows the band to take advantage of all the opportunities presented by the new business models available today as well as remaining totally in control of their own destiny. We are really pleased that SonyBMG have demonstrated the foresight and courage to engage with the band in this way".