The Sun has reported Coldplay plan to donate 10% of all future earnings to charity. The paper says the band have set up a bank account into which to pay the funds, which will then be distributed to charities chosen by band members.
A band source said: "In this age of record company greed it's refreshing to see Coldplay donating some of this hard-earned cash to so many good causes. Few bands have ever done anything like this on such a scale."