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Carl Barat Deal Reveals New Libertines Gigs
February 28, 2011
A deal is in place for The Libertines to perform more gigs following their reunion last year, it has emerged.
The additional unconfirmed shows form part of a deal singer Carl Barat has signed with the investment firm Power Amp, which specialises in backing established artists in the music industry.
Barat has signed a £500,000 multi-revenue stream deal with the company, who will help fund all aspects of his career, including music, publishing and touring, reports the Independent.
Following a showcase for potential investors in London recently, Power Amp's chief executive Tom Bywater was asked whether the agreement included Libertines gigs.
"It includes a meaningful amount from Libertines gigs,” he replied.
Barat said the deal was about remaining “independent” and proves that artists no longer need the support of a major record label.
The Libertines reformed for a series of gigs last summer, including the Reading and Leeds festivals.
(by Jason Gregory)
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