Rolling Stones 'To Leave EMI For Live Nation'

The Rolling Stones are in talks to sign a new ground breaking deal with the concert promoter Live Nation, it's been reported.

The deal, which would see Live Nation market the bands £3million a year back-catalogue and future touring rights, would effectively end the Rolling Stones 31-year relationship with EMI Records.

Any deal would be a huge blow for EMI and the label's new owner, private equity company Terra Firma.

Since Terra Firma took over at EMI last year the label has already lost two of its biggest acts, Sir Paul McCartney and Radiohead.

According to a report in the Observer newspaper, Live Nation's deal with The Rolling Stones could be announced within the next fortnight.

The concert promoter have already struck high-profile all-encompassing deals with Madonna and Jay-Z over recent months.

(by Jason Gregory)

 Rolling Stones' Ronnie Wood: Keith Richards Superglued His Teeth (23.04.2011)

 Kanye West, Led Zeppelin, The Rolling Stones To Play At Kate Moss' Wedding? (21.03.2011)

 Rolling Stones' Mick Jagger Working With Eurythmics' Dave Stewart On New Album (03.03.2011)

 Rolling Stones' Keith Richards Daughter In Court On Drug And Graffiti Charges (03.03.2011)

 The Rolling Stones To Release New Singles Boxset In April (09.02.2011)

 Rolling Stones' Tour 'Doubtful' Due To Keith Richards, Mick Jagger 'Feud' (09.02.2011)

 Mick Jagger To Perform Tribute To Solomon Burke At Grammy Awards (03.02.2011)

 The Rolling Stones 'Have No Firm Plans To Tour' (02.02.2011)

 The Rolling Stones Planned To Tour In 2011, Lawsuit Reveals (02.02.2011)

 Faces' Rod Stewart And Ronnie Wood Reunite In London (01.02.2011)

 Rolling Stones' Ronnie Wood: I'm A Free Man (26.01.2011)