Paul McCartney has signed a worldwide recording agreement with Capitol Records, it has been announced by Capitol Music Group (CMG) Chairman & CEO Steve Barnett.
“This is genuinely exciting for me,” McCartney said. “Not only was Capitol my first U.S. record label, but the first record I ever bought was Gene Vincent’s ‘Be-Bop-A-Lula’ on the Capitol label.”
This historic contract encompasses McCartney’s entire body of post-Beatles work, from his 1970 McCartney album, through his decade with Wings, to the dozens of solo and collaborative works that have continually reaffirmed his standing as the most popular, influential and acclaimed artist in the history of recorded music.
In a career that spans six decades, McCartney has sold more than 500 million records worldwide. He was recently named the United Kingdom’s most successful albums artist of all time by the Official Albums Chart Company and was knighted by Queen Elizabeth II in 1997 for his services to music.
McCartney is currently working on a new studio album, while a comprehensive plan for the artist’s catalog is being conceived by Capitol and Universal Music Enterprises (UMe) – in conjunction with the artist and his management team – and will be implemented beginning July 2017. The catalog moves to Capitol/UMe from Concord, McCartney’s previous label partner on such Grammy-winning albums as Band On The Run (Best Historical Album, 2012), Kisses On The Bottom (Best Traditional Pop Vocal Album, 2013) and Wings Over America (Best Boxed or Special Limited Edition Package, 2014).
“Paul McCartney’s association with Capitol has long defined so much of our historic legacy, and all of us here are extremely proud and honored that he has chosen to come back home.”
“Paul McCartney’s association with Capitol has long defined so much of our historic legacy, and all of us here are extremely proud and honored that he has chosen to come back home,” according to Barnett. “Paul’s indelible contributions to our culture are second to none, and his constant evolution as an artist and performer continues to inspire and enrich the lives of countless millions of people. We are overjoyed that Paul will be creating new music for years to come, and that Capitol will be helping to present it to the world.”
“It would be simply impossible to overstate what an honor it is to welcome Paul back to Capitol,” states Lucian Grainge, Chairman and CEO of Universal Music Group. “It’s a homecoming of one of the greatest musical artists of all time to the label that first helped bring his incredible music to the world. Paul’s astonishing career has shown no limits — in creativity, in commercial longevity, and in its impact on people and cultures in every corner of the globe. We are thrilled at both Capitol and UMG to be able to contribute to the next chapter in Paul’s extraordinary career.”
“Paul’s vital and legendary body of work as a solo artist remains essential, relevant and so highly in demand,” added Michele Anthony, UMG’s Executive Vice President of U.S. Recorded Music. “We’re beyond thrilled at the opportunity to put the global resources of Universal Music behind Paul’s forthcoming work, as well as introducing his previous iconic albums to new generations of fans around the world.”
Author: Buddy Iahn
Buddy Iahn founded The Music Universe when he decided to juxtapose his love of web design and music. As a lifelong drummer, he decided to take a hiatus from playing music to report it. The website began as a fun project in 2013 to one of the top independent news sites.