Radiohead claim record profit from digital album

Wed Jan 2 2008, 08:53 AM UTC

UK rock band, Radiohead, claim they have made more profit from digital sales of latest album, 'In Rainbows', than from all their other albums put together while they were still with EMI. "In terms of digital income, we've made more money out of this record than out of all the other Radiohead albums put together. It's partly due to the fact that EMI wasn't giving us any money for digital sales," the group's frontman Thom Yorke recently told Wired magazine. The band ended their relationship with UK label EMI in 2003 and offered 'In Rainbows' on the web in Oct, allowing customers to download it for free, or at the price of their choice. However they are refusing to divulge how many albums have been sold, or at what price, only saying the result has been a "nice surprise."

The band have also hit back at EMI after the label's chairman Guy Hands claimed they were demanding more than GBP10m (USD19.8m) in advance for the rights to 'In Rainbows'. The band reject the claims, saying they only wanted "some control over our work." Radiohead have now ended their online offer and plan to continue selling the album through more traditional means, with a physical release planned. The band have contracts with indie labels XL and TBDRecords and have reportedly approached Apple's iTunes over a possible deal.

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