Rumour has it that Coldplay could be the latest chart topping band to shun the traditional record company relationship, with the Daily Star citing a source who says the band are considering going it alone once their current recording commitments to EMI are complete.
That said, what the source really says is that the band won't rush into any new record deal, recognising that the record industry is in a state of flux, which is only sensible. And given that Chris Martin et al still have two more albums to deliver on their current EMI contract, even if one of those was a greatest hits album, the band won't need to be rushing into anything just yet.
The Star's source says: "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".