Oasis have announced that they will release a new album this year.
Despite warning fans that they would not be releasing anything before 2007, the band have confirmed that new record 'Stop The Clocks' will come out on November 20. The record represents a U-turn for the group. It collects together Oasis' best moments despite Noel Gallagher's insistence that the band would never release a greatest hits.
"This is from the horse's mouth. We will only do a best of when we split up. The only thing we've got that might be in the pipeline next year will be another B-sides album, all the B-sides from 'Standing...' up to this lot," he told NME last year. "I never understood Manics and Blur putting out Best Ofs - I mean, what the f**k's all that about? It's kind of saying that whatever you're gonna do from there on is not gonna be your best. We'll put out a Best Of when we stop. No Best Of or singles album until it's done and dusted."
However, rather than collect together the flipsides from the group's recent singles, Oasis are now opting for a "definitive collection" with tracks handpicked by the band members themselves - although even this Noel was not initially keen on. "I think they're [the record label] going to force our hand. I really wouldn't want to do it, but if they put one out we'll have to get involved otherwise it will be s**t," he explained last December. "It's all a scam. You should put one out only when you're finished - in chronological order. But I have a feeling they'll do the dirty on us."
So far the band have revealed the 18 track compilation will contain the "greatest B-side ever" 'Acquiesce' and 'Half The World Away', the Noel-fronted song that became the theme tune to The Royle Family. Other selections include singles 'Supersonic', 'Wonderwall' and 'The Importance Of Being Idle', while the band are finalising what else they want to make the cut.
Significantly, the release of 'Stop The Clocks' marks the end of Oasis' current deal with their label SonyBMG, and with Noel indicating he would look for a new label after the contract was up, Oasis look set to start 2007 as the biggest unsigned band on the planet. "Any artist at the end of their deal, still selling albums, is in a position to negotiate a much stronger deal," explained Stuart Clarke of music business bible Music Week. "Oasis are in the financial position where they don't need record company investment to make records; they can approach their deals differently."
It's likely they could command something upwards £3 Million for a one record deal with a major label. "The band may choose to make the albums using their own money," explained Clarke, "and deliver a finished product to the label that makes the strongest offer, as we saw with Thom Yorke's solo record 'The Eraser' recently."
For now though the band are planning to take a "Sabbatical" before they're expected to start work on new material next year.
Source: NME Magazine
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