R.E.M. Inks Licensing Agreement With Concord Bicycle Music For Warner Bros. Catalog
December 15, 2015 at 4:37 PM (PT)
R.E.M. and CONCORD BICYCLE MUSIC have agreed on a multi-year, worldwide licensing agreement for the band’s recording output on WARNER BROS. RECORDS, spanning the years 1988 through 2011. The pact, which is set to begin early next year, includes the albums "Green," "Out Of Time," "Automatic For The People," "Monster," "New Adventures in Hi-Fi" and "Up," with singles such as “Losing My Religion,” “Stand,” “Orange Crush,” “Shiny Happy People,” “Man On The Moon,” “Drive,” “Everybody Hurts,” “What’s The Frequency, Kenneth?” and “Nightswimming."
The worldwide physical and digital licensing agreement encompasses recordings that have sold in excess of 85 million albums across the globe. Forthcoming new releases include deluxe reissues with special bonus material and exclusive packaging.
"The band and all at REMHQ are very happy to be joining with CONCORD BICYCLE MUSIC for this next phase of curating and extending R.E.M.’s recorded legacy,” said longtime R.E.M. manager BERTIS DOWNS. “The albums covered by this agreement are some of the band’s most successful, both artistically and commercially, and we know the people at CONCORD share our enthusiasm about this partnership. We leave the WARNER BROS. family, a great label where we are certainly grateful for some of our career highlights. But moving forward, we knew this was the right time to change it up and CONCORD is the right home for this key part of R.E.M.’s catalog.”
"After starting my career at I.R.S. RECORDS and having the pleasure to work with R.E.M., it was disappointing when the band left to go to WARNER BROS.,” said CONCORD BICYCLE MUSIC SVP Catalog Management & Development SIG SIGWORTH. “I’ve had the good fortune to consult with the band on their catalog for the past several years, but to now, all these years later, be able to bring the band and their incredible post-I.R.S. legacy to the CONCORD BICYCLE MUSIC family is very rewarding."