This is from a press release from Deutsche Grammophon/Decca.
Deutsche Grammophon and Decca Classics are delighted to announce the signing of a wide-ranging recording agreement with conductor and pianist Daniel Barenboim. Music director of Berlin’s Staatsoper and Staatskapelle and Maestro Scaligero at Milan’s Teatro alla Scala – with projects including a new Ring production at both houses – Barenboim has been called by The Times (London) “one of the few musicians in the world today who could accurately be described as legendary” …
The first releases on Deutsche Grammophon – early in 2011, to mark the 60th (!) anniversary of Barenboim’s performing debut – will be devoted to Chopin: a solo recital recorded in Warsaw as well as the two concertos with Barenboim accompanied by the Berlin Staatskapelle under Andris Nelsons. Later in the year, a new recording with the West-Eastern Divan Orchestra will appear on Decca Classics to coincide with their annual tour: Tchaikovsky’s “Pathétique” Symphony and Schoenberg’s Variations for Orchestra.
I read somewhere else recently that Universal have decided to increase their commitment to classical music, apparently brought on in part at least by the defection of Lang Lang from Universal to Sony for a reported price of $3 million.