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Coldplay To Release 'Best Of' To Escape EMI

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emi.jpgColdplay are the next big-name act expected to join the mounting EMI records exodus.

 

The quartet’s upcoming fourth album could be their last proper studio effort for the struggling label, who have seen Sir Paul McCartney and Radiohead leave in the past year. Coldplay can fulfill their current five-album deal with EMI /Parlophone by issuing a Best Of collection in 2009, thus making the multi-platinum selling act free agents.

 

A source close to the band said: “There’s so much uncertainty in the record industry right now. The boys don’t necessarily need a label anymore. They aren’t even considering putting pen to paper on any type of new contract until they see what happens.”

 

Read more on this exclusive story here

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