Stone Roses set to make a fortune

Thanks to The Stone Roses reunion, Ian Brown is able to trade in his old Adidas tracksuit for a gold-plated one.

This week, the band finalized two record deals for brand new material, which are set to make them a fortune.

Their UK and global deal was secured by Universal Records, while Columbia acquired the rights for the US market.

A representative for the band stated: “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.”

These agreements will bring in millions for the four-piece, complementing the substantial earnings they will gain from live performances.

Ian, John Squire, Mani, and Reni are set to perform for three nights at Manchester’s Heaton Park in June, with earnings exceeding £10 million. Additional performances at various festivals, including V, T In The Park, and Benicassim, are expected to double that revenue.

Fans have awaited new material for nearly 20 years.

Interest from record labels sparked immediately after Ian expressed, “we hope to put out a new album of new music” during their press conference in October.

In the past couple of months, the group has been working on new songs amid rehearsals for their live shows.

Next year is shaping up to be epic.

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