The London Times is reporting that a little-known independent British music business has beaten the world?s major record companies in securing the rights to thousands of hours of footage of artists at the Montreux Jazz Festivals, including a perfomance by Radiohead this past July.
Terry Shand, the executive chairman of Eagle Rock, said the company planned to spend ?tens of millions of pounds? over the coming decade producing more than 100 DVDs of the concerts that have played at the festival over the past 37 years.
Sounds great- but before you break out the MasterCard, keep in mind that any DVDs have to be approved by the artist’s record labels before they are released. You can read the entire article here.
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