Business

Coldplay Renews Warner Music Deal Via Parlophone & Atlantic

Coldplay
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Coldplay

Ahead of the release of its ninth studio album Music of the SpheresColdplay has renewed its record deal with Warner Music Group, signing a long-term pact with Parlophone and Atlantic Records.

The British rock band comprised of Chris Martin, Jonny Buckland, Guy Berryman and Will Champion originally signed to Parlophone U.K. in 1999, when the label was part of EMI. After Universal Music Group acquired EMI and divested itself of Parlophone in 2012, WMG purchased Parlophone and brought Coldplay under Atlantic Records in the U.S. starting with Grammy-nominated 2014 album Ghost Stories. The band has sold more than 100 million albums worldwide, according to WMG, and earned seven Grammy Awards, including song and record of the year.

"Coldplay became the biggest band on the planet by constantly challenging themselves and reinventing their sound," Warner Recorded Music CEO Max Lousada said in a statement shared with Billboard. "They’ve always been great champions of their fellow artists, and their new collaboration with BTS is just the latest example of their boundary-crossing influence and inspiration. We’re honored that Chris, Guy, Will and Jonny have chosen to renew their partnership with Warner as they continue to make music of amazing creativity and originality, while delighting their millions of fans across the globe."

In a joint statement, Coldplay's members added that "It’s a privilege to work with such passionate, dedicated people and we are really grateful to have that be our band’s home."

The renewal was first reported by Variety. It arrives as "My Universe," the band's team-up with BTS, debuts at No. 1 on the Hot 100, marking the first song by two co-billed lead groups to ever top the chart. Following "Higher Power," the song is the second single off Music of the Spheres, which was produced by Max Martin and is out Oct. 15.

The Coldplay news follows a string of recent career-spanning deals by WMG with David Bowie, Madonna and David Guetta.