More 'artists working on album without a label shocker' news now. Radiohead are in the studio, possibly as I type, working on their seventh album, a fact revealed by Thom Yorke in a post to the band's official website. No title or release date for the new album has been indicated.
Radiohead are not signed to any label at the moment, having fulfilled their contract with EMI with the release of 'Hail To The Thief' back in 2003. There's been some speculation that Warner was on the verge of signing up the band, but Radiohead dismissed that gossip, with their management telling reporters: "The band [is] not looking for a record company in any way, shape or form. They are out of a contract, but they're not actively looking for another one. They're getting on with doing what they do."