Jet Forges ‘Landmark’ Deal With BMG
Written by djfrosty on September 27, 2023
SYDNEY, Australia – As Jet flies through a particularly busy stretch, the reunited rock band strikes a catalog deal with BMG.
Terms were not disclosed in the arrangement, announced Thursday (Sept. 28), which sees BMG acquire Jet’s recordings.
BMG gets rights to the band’s first two albums for Australian and New Zealand, Get Born (2003) and Shine On (2006), the global royalty stream for these recordings in perpetuity, plus global rights to their third album Shaka Rock (2009).
Included in the pact are such Billboard Hot 100 hits as “Are You Gonna Be My Girl” (peaking at No. 29), “Look What You’ve Done” (No. 37), and “Cold Hard Bitch” (No. 55).
After years on the sidelines, the classic lineup of Nic Cester (vocals/guitar) his brother Chris Cester (vocals/drums), Cam Muncey (vocals/guitar) and Mark Wilson (bass) recently reformed ahead of their induction into the ARIA Hall of Fame, set for Nov. 15 during the annual ARIA Awards in Sydney.
They’re currently on the road for a national tour, a 20th anniversary celebration of Get Born, an album that won six ARIA Awards back in 2004, is nine-times platinum-certified, and recognized as one of the top 5 highest-selling Australian rock albums of all time.
BMG president, Australia, New Zealand and South-East Asia, Heath Johns negotiated what he describes as a landmark deal,” extending the global publishing pact between both parties, forged in 2017.
Jet, he continues, are a “generation-defining band who achieved global success of the rarest kind.”
All three studio albums impacted the top 40 on the Billboard 200 chart, and cracked the Official U.K. Albums Chart, with Get Born peaking at No. 14 and Shine On going one better, at No. 13. Career sales top 5 million, reps say.
Jet’s works have enjoyed a second life through syncs across international advertising campaigns, feature films, TV series and video game franchises, the most memorable an Apple iPod campaign in the 2000s featuring “Are You Gonna Be My Girl.”
BMG, explains Sydney-based Johns, “has become the fastest-growing music company in Australia via our organic recordings and publishing growth and now, as we expand our scope via acquisition, I can think of no bigger statement than the acquisition of the Jet catalog.”
Since opening for business in Australia in 2016, BMG has signed a roster of Australian and New Zealand acts including Chet Faker, Angus & Julia Stone (ANZ), Daniel Johns, Dope Lemon, Hockey Dad, Julia Stone, The Living End, Pacific Avenue, Ladyhawke, CHAII, Dune Rats and Winston Surfshirt.
“With big decisions like this it comes down to personal relationships. We’ve known the BMG team for years,” notes Chris Cester in a statement announcing the new agreement. “We’re already with BMG for our publishing and they do what they say they’re gonna do. That’s a rare thing in this business. Sooner or later you figure out that’s the only thing that matters, if you’re serious about what you do.”