Despite the revolutionary annoucement yesterday of Radiohead’s new album release through their website, it doesn’t mean that the band will remain label-less. There’s still a big chance ‘In Rainbows‘ will be available in record stores early next year.
As LA Times reports; In the coming weeks, Courtyard Management, which represents the band, will reportedly negotiate with labels about a conventional release for “In Rainbows” that would put it on store shelves in 2008. Sources with the band acknowledge that the major labels may balk at the notion of releasing an album that has been available free for months. Still, previous Radiohead albums collectively sell about 300,000 copies a year, according to Nielsen SoundScan, so “In Rainbows” should still have value at the cash register.
Ateaseweb.com sources say that EMI, the band’s record label for Radiohead’s previous six albums, are still in negotiation with Radiohead to release the band’s seventh album ‘In Rainbows’.