||Korn has signed a worldwide recording deal with Roadrunner Records.
The band's first release on the label will be its ninth studio set Korn III - Remember Who You Are, produced by Ross Robinson, who collaborated with the band on its first two albums. An exact street date is yet to be announced, although a spokesperson for the label says it's eyeing a June 2010 international release.
In 2005, Korn inked a widely reported two-album deal with EMI/Virgin, which netted the metal stalwart $25 million upfront from the major (Billboard.biz, June 9, 2007). As part of the deal, EMI acquired a 30% stake in Korn's overall business through to 2010. The new deal with Roadrunner Records is a worldwide recording agreement that doesn't include any other ancillary rights.
"When it came to putting this record out, we could not think of anyone better to help us than Roadrunner, the only label that even understands rock music anymore," said bassist Fieldy in a statement.
According to Roadrunner Records, Korn has sold 30 million albums worldwide since its eponymous debut was released in 1994.