Home Music Stone Roses set to make a fortune

Stone Roses set to make a fortune

Ian Brown can swap his old Adidas tracksuit for a gold-plated number thanks to The Stone Roses reunion.

The band signed two record deals for brand new material this week, which will earn them a fortune.

Universal Records bagged their UK and global deal, with Columbia picking up the rights for the US.

A spokesman for the band confirmed: “The Stone Roses are pleased to announce that they have signed a record contract with Universal Music in London and with Columbia Records in New York.”

The deals will make the four-piece millions, adding to the huge sum they’ll pick up for live shows.

Ian, John Squire, Mani and Reni are to play three nights at Manchester’s Heaton Park in June, pocketing more than £10million. Shows at a string of festivals including V, T In The Park and Benicassim should double that.

Fans have been waiting nearly 20 years for new material.

Labels started sniffing around as soon as Ian said “we hope to put out a new album of new music” at their press conference in October.

The group have been recording new songs during rehearsals for live shows over the past couple of months.

Next year is going to be epic.

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