London - Vivendi's Universal Music Group announced that it has signed a long-term contract with the Rolling Stones, ending a long relationship with EMI and disappointing concert promotion giant Live Nation, which was also reportedly seeking a deal with the band. The Universal contract -- financial terms of which were not disclosed -- covers both future albums and past catalog. "Universal Music Group will begin planning an unprecedented, long-term campaign to reposition the Rolling Stones' entire catalogue for the digital age," the company said in a statement.

Related Links:
http://www.umusic.com