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"Record label EMI has claimed that Radiohead left because it refused to pay the group a deal worth \u00C2\u00A310 million. All the band&amp;#039;s previous records were released by EMI Parlophone, but the Oxford rockers turned down a \u00C2\u00A33 million offer to renew their contract, according to The Times. An EMI spokesperson said: &amp;quot;Radiohead were demanding an extraordinary amount of money and we did not believe that our other artists should have to subsidise their gains.&amp;quot; Radiohead&amp;#039;s new In Rainbows album is physically released on the XL label today. The band&amp;#039;s manager Bryce Edge has claimed that EMI&amp;#039;s refusal to grant the band copyright over their back catalogue, rather than any dispute over payment, was the real reason behind their departure. Edge commented: &amp;quot;We couldn\u00E2\u20AC\u2122t move ahead with EMI because [label boss] Guy Hands irrevocably refused to discuss the catalogue in any meaningful way.  &amp;quot;We sold 25 million records and we have the moral rights over those six albums. We wanted a say in how they are exploited in the future.  &amp;quot;We were not seeking a big advance payment, or a guaranteed marketing spend as discussions never got that far.&amp;quot; "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/music/news/a82479/emi-radiohead-wanted-10-million-deal/>