Morrissey has burnt so many bridges now, that he only has two options left as a recording artist:
1) accept a relatively low paying deal from a minor record company, back to the indie days of Rough Trade.
2) Get back together with Marr and release a record as 'The Smiths'. That's the only way the majors will be interested in offering big bucks to Morrissey. As a solo artist he is a spent force. Not so much artisically - but commercially, which is all the majors care about.
Not only that Nick Cave's album was almost impossible to get in the states when it was reprinted. Morrissey is a niche and needs a label who can market him like one.If only someone could get through to Morrissey that signing with an indie / self-publishing could well lead to bigger sales than he's ever had. Such labels will be happy to put money into a 'prestige' artist and market him with precision. Instead, he'd rather sit back, get lost in the shuffle at a bigger outfit and then claim no-one on the planet is interested in releasing his music.
Look at Nick Cave & Tom Waits - decidedly less commercial artists who are selling more than they ever have. Waits has been with Anti since 1999 and Cave's last album went out on his own imprint with distribution deals struck with other companies. https://www.kobaltmusic.com/page-news-detail.php?id=WN862
It's not rocket science, it's not something you do entirely by yourself. I don't picture Nick spending his every waking hour under a mountain of paperwork and tax returns.
This is great news. I have found this record company to be nothing but annoying from a fan's point of view. Every step they take and at every turn has made no sense whatsoever. They don't seem to have a PR department at all. Good riddance Harvest