Guns N' Roses mainman Axl Rose has signed a new publishing deal with one of the fastest growing music groups, according to Soundgenerator.
In recent years, Sanctuary Music Group have followed an aggressive strategy of signing established acts to its catalogue to gain market share and publishing rights. Axl Rose follows a string of high-profile artists including Lou Reed, Fun Loving Criminals, UB40, the New York Dolls and Morrissey onto Sanctuary's roster.
The deal, confirmed by the label yesterday (January 24), will include all Guns N' Roses back catalogue and new material. A spokesperson for Sanctuary Group told Music Week the deal represents the latest step in building the Sanctuary Music Publishing portfolio, adding 'publishing is a strategic priority for the group.'