Universal Music Group and Petrol Records have teamed up for a number of upcoming INXS-related releases as part of a new joint venture.
The partnership builds on UMG’s announcement regarding the production of a feature-length documentary on the life of INXS lead singer Michael Hutchence. A number of new audio releases, as well as projects including additional films, theatrical productions, live events and fan conventions are expected to follow.
As part of the agreement, UMG will become an investor in Petrol Records – home of all INXS recordings outside of North America.
Chris Murphy, chairman of Petrol Records, signed INXS to his label in 2009. In 2014, he was executive producer of the INXS television mini-series, Never Tear Us Apart, which set viewing records in Australia.
“Once a upon time the music business was a very simple place (industry) to be involved in, find an artist, record and release, then do a tour,” he said. “These days we operate within a very complex entertainment industry where many are at odds with this new paradigm. Sir Lucian and his team are on the money and focused for the future so it is my complete delight to be working with him and his vision. From Musicals to Movies we have the future of music covered together.”
Sir Lucian Grainge, chairman and CEO of Universal Music Group, said: “I'm thrilled to be building on our special and long term relationship with Chris Murphy and INXS. We look forward to developing exciting projects that will create new immersive experiences for fans around the globe to engage with the music from one of the world’s most enduring bands.”
Over the last 30 years, INXS have consistently been the biggest selling Australian artist, winning multiple international awards. Last night, at a reception in Sydney, UMG announced the band’s Very Best album had achieves 6 X Platinum status on the eve of the 39th anniversary of the group’s first-ever performance. The band was also presented with a 3 X Platinum award for the DVD of their LIVE BABY LIVE show at Wembley Stadium from July 1991.