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Veteran UK indie Mute Records is on the verge of striking an expanded multi-territory international licensing deal with Virgin Records in a move aimed at expanding its global reach.
The deal, which is expected to be signed this week, will extend its original arrangement with the major for France, Italy and Greece to cover key territories including Germany, Brazil, Japan and South East Asia. Play It Again Sam will continue to handle Mute repertoire in Benelux, Scandinavia and the UK, although its loss of Germany will be a blow since this is the most important ...