Yorke Addresses EMI Renegotiation Report - Billboard(How To Ask For A Cash Advance)
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Radiohead frontman Thom Yorke has responded to a report that his band demanded an exorbitant advance from EMI for its next album as well as control of its back catalog, before ultimately deciding not to re-sign with the company. The Times of London reported Friday that Radiohead rejected a £3 million advance for the new “In Rainbows,” and refused to back down from its wish to acquire the copyrights to some of its master recordings. An EMI spokesperson told the paper that such a move would have resulted in a £4 million loss for the company, which is now owned by Guy Hands’ private equity firm Terra Firma. But Yorke paints the situation in a different light, insisting, “We did not ask for a load of cash from . read more
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Wednesday, January 2nd, 2008 at 12:46 pm
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