The ol’ graybeards of rock keep raking in the dough.
The Rolling Stones extended their 10-year deal with Vivendi SA’s VIV, +0.48% Universal Music Group that was due to expire on July 25, the band and the label said.
Terms were not disclosed, but the extension was described as “long term.”
The new, expanded deal with frontman Mick Jagger — who turns 75 on July 26 — and his mates includes audio-visual catalogs, archival support, global merchandising of its famous tongue logo and brand management.
“We look forward to bringing our expertise and passion to bear as we put our global organization work on behalf of this iconic band who continue to create music and influence culture around the world,” Universal Chief Executive Lucian Grainge said in a statement.
The Stones have long proven themselves to be expert money makers. The band’s “Bigger Bang” tour in 2005-07 grossed $558 million, according to Billboard, making it the second-highest grossing tour in history.
The Stones on Sunday night closed out an 11-gig European leg of its “No Filter” tour with a show in Warsaw, Poland.
