Radiohead Said to Shun Major Labels in Next Deal

[Chris]

Radiohead, the British rock band that is regarded as the pre-eminent free agent in the global music business, is close to signing a series of deals to release its next album independently and leave the major record companies behind.
The band, which stunned the industry this month when it let fans set their own price for the digital download of its new album, is close to a deal to release the CD version of the album domestically through a pact with the music complex headed by Coran Capshaw, the impresario best known for guiding the career of the Dave Matthews Band.

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Here is some more info on their new album In Rainbows with a little preview of each song. If you are a fan it is worth checking out.

[Chris]

Here's a follow up to this. It appear that Radiohead has come to terms with ATO Records. Dave Matthews record label.

Radiohead, which attracted a crazy amount of attention by selling its latest album directly to fans without a record label, has signed with XL Recordings, home to The White Stripes, MIA, Sigur Ros, Dizzee Rascal, and others. The standard CD release of In Rainbows is expected to hit traditional store shelves early next year.

A source close to the situation indicated earlier that the band would sign with Dave Matthews' label, ATO Records, so this comes as somewhat of a surprise., and that source was right: ATO and its sort-of-subsidiary Side One will handle distribution in the U.S., while XL Recordings will distribute the disc in other areas of the world.

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