On The Dotted Line... (from left) Afo Verde, Sony's Chairman and CEO for the Latin Region, Spain and Portugal; Sony's head of legal affairs Barry Fiedel; Sony Music U.S. Latin general manager NIr Seroussi; and Ricardo Montaner.
Venezuelan singer/songwriter Ricardo Montaner has signed an exclusive recording deal with Sony Music Latin. Montaner, who is one of Latin music's premiere balladeers and an iconic figure with a recording career that spans 25 years and multiple hits, goes to Sony after a lengthy stay at EMI Latin.
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Montaner's new contract with Sony is exclusive and is for three new album plus two options. No exact details were provided, but the deal will give Sony a percentage of some ancillary income, including sponsorships.
At EMI, Montaner released five albums. Prior to that, he released eight albums on Warner Music Latin America. Montaner was under contract with EMI until last year, when he released a hits album, Soy Feliz, in Latin America. During that time, he also played over 120 shows throughout the region beginning in 2010. All told, says his manager, Fernando Castellar, he was seen live by over 1 million people in an 18-month period.
Montaner placed at No. 9 on Billboard's 25-year recap of Hot Latin Songs artists.
Montaner signed his deal March 2 in Sony's Miami offices with Fernando Castellar His first Sony album, tentatively titled Viajero frecuente (Frequent Traveler), is slated for release in three months.
From left: Afo Verde, Sony's Chairman and CEO for the Latin Region; Montaner manager Fernando Castellar; Ricardo Montaner; Sony Music Latin head of A&R Paul Forat celebrate the signing.