Garage rock duo the White Stripes are nearing a long-term, multi-million dollar deal with Warner Bros., Billboard.com reports. Now defunct label V2 Records previously distributed the White Stripes' music, along with Jack White's side band the Raconteurs via the singer's label Third Man Records, but following V2's demise, the two rock'n'roll outfits have been left without major distribution. No information has been confirmed about the Raconteurs' inclusion in the Warner deal.

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On SPIN.com:
Exclusive: V2 Down, Suzuki Out
White Stripes, Raconteurs Homeless

On the Web:
whitestripes.com

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