Coldplay's Chris Martin has said that he admires bands like Radiohead and The Raconteurs for finding new ways to release their music outside major label contracts, but his band won't be following them for the time being.
Speaking to Reuters, Martin said: "We have absolute respect for the Radioheads and The Raconteurs and people who can do what they like. We're in contract though, so we're just going to make the most of it and enjoy the people we get to work with. Being on a major label at the moment is like living in your grandparents' house. Everyone knows they need to move out, and they will eventually, but we kind of like our grandmother. It's obviously an antiquated model, because of the internet, but we really love the people we work with. If we knew what the solution was to everything, then we'd do it".