Parlophone signs Babyshambles

At last, some stability in Pete Doherty's life. The troubadour/narco-enthusiast and his band Babyshambles have reportedly signed a three-album contract with Parlophone records for an also reported £1m. What will he do with all that money?

The big deal follows a brief liaison between band and label last year when Parlophone released The Blinding EP to critical acclaim if not sizeable sales. Parlophone execs certainly seemed happy with the new arrangement, however, when they made the announcement last night.

"We're extremely pleased to be welcoming such a vibrant and talented band into the Parlophone label", said Miles Leonard, Parlophone's managing director. "Babyshambles, justifiably, have a great reputation for crafting some of the most exciting music around today, and in Peter Doherty they have one of the best songwriters of his generation." He's a great songwriter, you see, so they use his full name.

Not surprisingly the band's management were also quite pleased and held forth on the matter. "Both management and the band are thrilled to have signed this deal and look forward to a long, fruitful, and creative relationship with Parlophone."

Let's just wait and see on that one, eh?

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