The paper claims Universal Music and Sony Music are in talks to take Bowie and his back catalogue on when his current EMI deal expires next January.
If the story proves to be accurate, the departure of Bowie would be another blow for EMI after popstar Robbie Williams also left not too long ago after a hugely successful solo career spent with the label.
It remains uncertain as to whether Bowie’s potential suitors will receive any new music from the veteran songwriter in the future, with his last studio release remaining 2003’s ‘Reality‘. While on tour in support of that album, Bowie suffered a health scare after complaining of chest pains, and has since significantly scaled by his workload.
Back in August, his respected biographer Paul Trynka admitted it would be a “miracle” if Bowie did make a full scale return to music.