Tuesday, January 19, 2016
ITP V.016 THE MUSIC BUSINESS: CANDLELIGHT RECORDS ACQUIRED BY SPINEFARM/UNIVERSAL MUSIC
Individual band recording contracts will NOT be effected by the SPINEFARM/UNIVERSAL MUSIC acquisition of CANDLELIGHT RECORDS roster. Regarding licensing agreements (distribution ect.), the terms of the licensing agreement will remain in place and terminate on the due date.
ITP V.016 EDITORS NOTE:
Complicated deal depending on who you ask and licensing agreements. Many record labels have ended their licensing agreement with CANDLELIGHT as far back as 2010. I'm sure many artists will either be bought out by SPINEFARM/UNIVERSAL MUSIC (sic) or primary record labels on licensing agreements will find other territorial distributors. For instance, Norwegian black metal legends EMPEROR and CANDLEIGHT RECORDS mainstays have already re-issued their entire catalog (plus demos) to BLOOD MUSIC for the biggest vinyl box set of ALLLLL TIIIIIME.
Thanks-Stay Metal, Stay Brutal-\m/ -l-