*This story has been correction appended.
BMG today announced the rights management company will represent the Rolling Stones' Mick Jagger and Keith Richards' post-1983 music publishing catalog. ABKCO, however, still owns the 1963-1971 Stones' catalog and EMI Music Publishing owns the 1971-1983 catalog. The agreement starts on July 1.
The deal comes just as the Stones celebrate the 50th anniversary of the release of their first single (Chuck Berry’s “Come On) which came out in June 1963. The band is currently on the US-leg of their successful 50 and Counting Tour which has topped Billboard's Hot Tour Charts. The band also recently remastered their catalog for iTunes.
“Mick Jagger and Keith Richards are among the greatest songwriters in rock ‘n’ roll history. It’s a huge honour that they have chosen us to represent their interests,” BMG Chrysalis SVP Alexi Cory-Smith, said in a statement. Beginning July 1, we will be working alongside all of our offices around the world to give them the very best BMG can offer.”
Mick Jagger and Keith Richards also commented that they, “look forward to a fresh and fruitful long-term business relationship with all the team at BMG.”
The Jagger/Richards songs to be directly published by BMG span the six albums Undercover (1983), Dirty Work (1986), Steel Wheels (1989), Voodoo Lounge (1994), Bridges To Babylon (1997) and A Bigger Bang (2005) as well as future compositions. BMG will also track payments from publishers and collection societies for Jagger and Richards’s interests in all of the Rolling Stones hits dating back to 1963.
The previous catalog owned by ABKCO Music, Inc. is unaffected. ABKCO continues its independent 100% worldwide copyright ownership and control of the 1963-1971 Jagger Richards compositions including such seminal works as "(I Can't Get No) Satisfaction", "Brown Sugar", "Can't You Hear Me Knocking" and others.
BMG CEO Hartwig Masuch said the opportunity to work with Mick Jagger and Keith Richards is a milestone for the company, less than five years after it was founded. “This deal is incredibly important for BMG,” he said in a statement. “Keith and Mick have clearly created one of the most outstanding song collections in rock 'n' roll history. They have not only created the soundtrack of all of our lives, they have been a dynamic and constant force for cultural change.” He also added that “we will justify their trust in us.”
The Rolling Stones play the Glastonbury Festival this Saturday (June 29) and two dates in London’s Hyde Park on July 6 and July 13. Their latest album is the career retrospective GRRR! In 2012 the band released the documentary "Crossfire Hurricane" charting the band’s ascent.