Paul McCartney 'To Move Solo Catalogue From EMI To Indie Label'

Sir Paul McCartney is to transfer his solo back catalogue from EMI to the independent label Concord Music Group, it’s been reported.

The deal, which comes amid financial uncertainty at EMI, consists of about two-dozen albums, including Sir Paul’s output with Wings.

According to Reuters, the label will begin re-issuing the former Beatles star’s solo catalogue in August, starting with Wings’ ‘Band On The Run’.

Concord also released Sir Paul’s recent solo album ‘Memory Almost Full’ and his 2009 live CD/DVD ‘Good Evening New York City’.

"Since the release of 'Memory Almost Full' in 2007 I've had a good working relationship with Concord and enjoyed our mutual love of music," Sir Paul said.

EMI has refused to comment on the deal, which comes as Sir Paul celebrates his 40th anniversary as a solo artist.

However, the record label will still maintain its lucrative business agreement with The Beatles. 

EMI is currently fighting to survive following its 2007 takeover by private equity group Terra Firma.

Sir Paul McCartney live in Florida