According to the Hollywood Reporter Todd Rundgren has signed a wide-ranging three-year agreement with Sanctuary Group that covers the full spectrum of his creative talents as musician, producer, songwriter and technology consultant. Under the terms of the pact, Rundgren will give at least one new studio solo album to Sanctuary; that project likely will be released in fourth-quarter 2006 or early 2007. He also is licensing 13 previous solo album and sets by his band Utopia to the company.
There also will be multiple live DVD/CD projects. The first two will be devoted to a spring acoustic tour to be co-headlined by Joe Jackson and a 30th anniversary Utopia tour (!) next year.