EMI Recorded Music has reported it has acquired Mute Records who are Erasure's primary record label and UK distributor. The £42m deal was agreed by Mute's founder Daniel Miller who will remain responsible for all Mute's global operations, with EMI now owning rights to Mute's back catalogue and dealings in the UK, US and Germany. What impact this will have on future Erasure releases is unclear, but hopefully now Mute, with more financial backing, will pump money into giving Erasure's future releases the most possible promotion. Interestingly though, the EMI press statement does not even mention Erasure as one of Mute's leading artists so perhaps EMI will not sanction costly Erasure promotion.
EMI Acquires Mute Records
12 May 2002