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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition World Queen sign to Universal in another blow to EMI Reuters - Tuesday, November 9 Send IM Story Print By Mike Collett-White LONDON - British band Queen have signed to Universal Music Group record company after nearly 40 years with EMI, and preparations are under way for the release of remastered versions of Queen's studio albums in 2011. The switch, first reported in May and confirmed on Monday, is a blow to EMI, which has lost artists of the stature of The Rolling Stones, Paul McCartney and Radiohead since the group was taken over by private equity firm Terra Firma in 2007. Terra Firma boss Guy Hands also lost a court case in New York last week in which he accused Citigroup Inc of tricking him into overpaying for EMI. He may yet be forced to hand the record company over to the bank. Queen's Universal deal covers the world outside North America, and the band will appear on the Island Records label from January 1, 2011. "We are very excited, after all this time, to be embarking on a new phase of our career -- with a new record company, with new ideas, and new dreams," said Queen guitarist Brian May. The group's flamboyant original lead singer Freddie Mercury died in 1991 and Queen was never again the popular force it once was. But re-releases can be big business, and Queen's decision to move labels comes on the eve of what could be a lucrative time for the band, which celebrates its 40th anniversary next year. Island Records, part of Universal, is already preparing 40th anniversary remasters of the group's catalog that includes global hits like "Bohemian Rhapsody," "Crazy Little Thing Called Love," "We Are The Champions" and "Another One Bites The Dust." During 2011, Island will remaster and repackage each of Queen's 15 studio albums and also offer additional content. The first five albums will be made available in March -- "Queen," "Queen II," "Sheer Heart Attack," "A Night At The Opera" and "A Day At The Races." "We aim to apply fresh thinking and innovation to the marketing and promotion of this great body of work," said Universal Music Group International COO Max Hole. Other events celebrating the band next year include a BBC television documentary and the production of a Hollywood film about them, starring comedian Sacha Baron Cohen as Mercury. According to Vivendi's Universal Music, Queen has sold more than 170 million albums worldwide. Recommend Send IM Story Print Related Articles US-ENTERTAINMENT Summary Reuters - 1 hour 12 minutes ago End nears for blockbuster Harry Potter film series Reuters - 1 hour 12 minutes ago Queen sign to Universal in another blow to EMI Reuters - Tuesday, November 9 Marilyn Manson: Antichrist indie star Reuters - Tuesday, November 9 Rod Stewart rolls out the hits for Vegas stint Reuters - Tuesday, November 9 News Search Top Stories Iraq leaders fail to resolve political deadlock Rolls-Royce management silent as shares slide Rescued Chilean miner shows 'yes you can' in NYC Marathon Democracy icon Suu Kyi locked up for rare Myanmar vote Germany's E.ON set for major reorganization: report More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Scientists turn skin into blood Pamela Anderson calls out Ultra-Orthodox men on fur hats Rescued Chilean miner shows 'yes you can' in NYC Marathon Democracy icon Suu Kyi locked up for rare Myanmar vote Pope sanctifies Sagrada Familia, rounds on abortion More Most Viewed » Alcohol more harmful than heroin, crack cocaine: study Toddler survives seven-floor fall in France Spectacular unknown species found in Amazon Ancient galaxy is more than 13 billion light years away Moon's 'treasure chest' includes silver More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Weekend Edition Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Entertainment Photos Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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