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Thursday, 25 November, 1999, 14:57 GMT
Oasis record boss quits
Liam and Noel Gallagher: Oasis are Creation's biggest stars

Creation Records boss Alan McGee - the man behind the success of the band Oasis - is leaving the record label he founded 17 years ago.

McGee and Creation co-founder Dick Green said they had reached a deal with Sony Music, which co-owns the company, to leave next year.

It's the end of a decade, a new millennium, and life begins at 40
Alan McGee
The pair said they planned to "pursue a number of new ventures".

McGee, 39, said he and Green simply wanted a fresh challenge.

He said: "Creation Records has been our life for 17 years. We started the company from nothing but it's the end of an era.

"It's the end of a decade, a new millennium, and life begins at 40. I feel like trying my hand at new things.

"I still intend to be involved with music but there are other areas I am keen to investigate."

Alan McGee: Creation guru
McGee added: "It will be a sad day for us when we leave, but the future is bright for us on all fronts and I am geniunely excited about starting afresh."

He said Creation "is and hopefully will be remembered as one of the great British independent labels".

Creation - named after a 1960s band - has been one of the UK's most successful and influential independent labels of recent years, helping define the 'indie' scene of the 1980s and 1990s.

Its first release - by a one-man act called The Legend! sold 35 copies.

But Creation's roster grew to include Ride, House of Love, Primal Scream, Teenage Fanclub, My Bloody Valentine, The Boo Radleys and McGee's first major signings, the Jesus and Mary Chain.

Oasis' new line-up: "Business as usual," says their manager
In 1992 the label hit a financial crisis, which prompted McGee to sell 49% of the company to Sony.

But the sell-out was followed by the huge success of Oasis, who McGee discovered playing at a gig in his native Glasgow.

The announcement is fuelling speculation that Oasis will quit Creation too - but manager Marcus Russell said "any talk of new labels is pure speculation at this juncture".

He added: "Oasis are contracted to Sony and licenced to Creation Records for the UK and until we hear otherwise - it's business as usual."

He said the changes would not in any way affect the release of the band's new album, Standing On The Shoulders Of Giants, and next year's world tour.

Oasis' success pushed McGee into the limelight, and he was one of a number of high-profile celebrities to meet Prime Minister Tony Blair at 10 Downing Street in 1997, before falling out with the government the following year over its welfare-to-work policies.

Last year he told music paper NME that the music industry as it is now would be dead within the next decade, and fans would download music over the internet rather than buy CDs from shops.

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