Metal band now owns all their master recordings
Metallica has launched a new record label, Blackened Recordings in conjunction with the band taking ownership of all their master recordings, including music and videos, as part of a contract provision Metallica negotiated with Warner Bros. in 1994. The move means the end of the band's 28-year relationship with the label.
"It's always been about control for us as a band," drummer Lars Ulrich said in a statement. "Forming Blackened Recordings is the ultimate in independence, giving us 100 percent control and putting us in the driver's seat of our own creative destiny."
Metallica will release Quebec Magnetic, a live DVD taken from two 2009 World Magnetic shows in Quebec City, on December 10th.
Rollingstone