Universal Music Group announced last Monday, the 23rd, an agreement with Aerosmith , which makes it the owner of the band's entire catalog, previously the responsibility of Sony Music.
Now, the company has access to all of the group's recordings, including a personal archive of Steven Tyler , Joe Perry, Tom Hamilton, Joey Kramer , and Brad Whitford called "Vindaloo Vaults."
In business terms, UMG will also control the band's future musical projects, as well as merchandising. The company will also be responsible for curating releases of unreleased music, rare photos, and other records such as artwork, newspapers, setlists, and other collectibles.
According to information from Joey Perry (via Consequence ), the company will also work with Aerosmith to develop a new film, as well as other projects in different media such as television. "It's been a long journey, but I'm extremely happy and proud to say on behalf of Aerosmith that we've managed to bring our 50 years of music together under one roof by partnering with UMG."
“This allows us to bring our music to fans in ways that were never possible before. It’s something we’ve dreamed of for a long time. It’s a victory for Aerosmith, UMG, and also for our fans. Needless to say, we are very excited. It’s an incredible way to celebrate 50 years and the many more to come.”
Plans to celebrate the band's 50th anniversary were cancelled in 2020 due to the pandemic, so now Aerosmith must resume them with Universal.
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