Archive with one hundred hours of Oasis recordings could fetch 1.8 million euros

A collection of one hundred hours of rare Oasis recordings, spanning from 1994 to 2001, is being auctioned with an estimated value of up to 1.8 million euros. Although the buyer will own the physical tapes, Oasis retains all intellectual property rights, preventing any unauthorized commercial release of the material.
An extensive archive featuring one hundred hours of Oasis recordings is set to go up for auction on October 3. The collection, which includes 209 DAT tapes, 73 analog cassettes, and three minidiscs, was assembled by former sound engineer Huw Richards while he worked with the band between 1994 and 2001. Auction house Littleton Auctions estimates the value of the material to be between 1.2 and 1.6 million pounds. The contents range from rehearsals and soundchecks to informal conversations and a rare recording of the band's 1996 concert at Loch Lomond.
The sale has caused concern for Oasis, as the band members have expressed apprehension regarding the distribution of such significant material. While the owner's son, Owain Richards, maintains that the auction follows proper legal channels, the band retains all intellectual property rights to the recordings. This means that while the winning bidder will own the physical tapes, they are prohibited from releasing the music commercially without the band's explicit cooperation and consent.
Based on reporting by nu. Translated and condensed by LocalHeadlines.

