Paul McCartney Inks Recording Deal With Capitol Records
Macca signs worldwide recording agreement with Capitol Records. The deal includes all of McCartney's records and work dating after the Beatles.
Paul McCartney has signed a new deal with Capitol Records, marking his return to the label that he called home for most of his long career.
The worldwide deal between the artist and company was announced a few hours ago. “This is genuinely exciting for me”, McCartney says in a press release. “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.
McCartney is currently working on a new studio album, while a comprehensive plan for the artist's catalogue 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.
Lucian Grainge, Chairman and CEO of Universal Music Group, said: “It would be simply impossible to overstate what an honor it is to welcome Paul back to Capitol. 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”.