Coldplay land megabucks deal
London: English rock band Coldplay have just signed a huge publishing deal for future songwriting, which is one of the biggest in music industry history.
Chris, guitarist Jonny Buckland, bassist Guy Berryman and drummer Will Champion agreed their first contract in 1999 with BMG Music Publishing, before releasing first album Parachutes.
Now, with their fifth record due next year, they have penned fresh terms with Univeral Music Publishing - who bought out the other outfit and are the biggest firm in the business.
No one will officially reveal how many years the deal is for or how much it’s worth. But it is expected that each of the four band members might easily earn a few million quid.
“They’ve sold more than 50 million albums worldwide and their huge success is entirely deserved. We’re obviously very proud,” The Sun quoted Universal president Paul Connolly as saying.
The band has also been taking their personal training seriously. They have been hitting the gym with their personal coach, playing football and doing lots of yoga. And Chris has also developed an unhealthy obsession with Table Tennis, which is proving costly.