Sony BMG Australia has struck an exclusive license partnership which will see the music major issue Albert Productions' releases in Australia and New Zealand.
Sony BMG Australia has struck an exclusive license partnership which will see the music giant issue Albert Productions' releases in Australia and New Zealand.
Sydney-based Albert Productions is the recording division of 120-year-old music publisher J Albert & Son.
The independent rock label -- set up in 1963 by Ted Albert, the great-grandson of the company's founder -- represents a stable of artists including AC/DC, the Easybeats, Rose Tattoo, the Angels and John Paul Young.
As a result of the new deal, unveiled today (May 5), all AC/DC catalog will be released worldwide under the Sony BMG banner.
The veteran rockers were recently named by RIAA as the fifth highest-selling recording act in U.S. history. Album sales are estimated at upwards of 120 million.
The new agreement, effective in June, covers catalog, digital content and future CD and DVD releases.
Albert Productions this year restructured its Australian and U.K. operations under Sydney-based managing director David Albert and executive director Fifa Riccobono. A new A&R director will be named in the coming days.
Until recently, Festival Mushroom Records -- now part of Warner Music Australia -- has distributed Alberts' recordings in Australasia.
"Alberts has had a good run with Festival Mushroom Records/Warners over the past four years and would like to thank (Warner president) Ed St. John, (former FMR managing director) Michael Parisi and the FMR/Warners team for their efforts," Riccobono tells Billboard.biz,
Denis Handlin, chairman and CEO of Sony BMG Music Entertainment Australia & New Zealand said in a statement, "David Albert and Fifa Riccobono have exciting plans for continuing local artist signings going forward. We can see great opportunities to enhance sales of Albert's releases through traditional and digital channels.
Albums from Alberts signings Dallas Crane, Breed 77 and the Answer are slated for release this year.