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Linkin Inking New Deal
Linkin Park is ready to park the band's burgeoning beef with its label.
The rap-rockers lashed out at Warner Music Group in May, accusing the company of enriching investors at the expense of its artists, and threatened to delay their next release. Many music-biz observers thought the move was more a negotiating ploy than an altruistic stance.
In any case, Linkin Park is reportedly close to a new deal that will see the band back in the studio ASAP.
"We're resolving our differences and we're looking forward to putting out a record next year," guitarist Brad Delson told Billboard.com.
Back in May, Linkin Park claimed that since signing with Warner in 1999 the band had moved more than 35 million albums worldwide and accounted for approximately 10 percent of the label's music sales thanks to the multiplatinum Hybrid Theory, Meteora and last year's Collision Course.
The SoCal outfit, which still has four albums left to go on its original contract, issued a statement saying Warner's business practices essentially screwed label artists out of proper compensation.
As an example, the group cited Warner Music's IPO after being spun off last year from Time Warner. The music company was snapped up by a consortium of private equity firms led by media mogul Edgar Bronfman Jr., who according to Linkin Park, stood to make $1.4 billion from the $2.6 billion stock offering, while noting that Linkin Park, Warner's biggest act, netted nothing. The Grammy-winning sextet threatened to hold off recording its next album, initially scheduled for spring 2006, until it got a bigger slice of the pie.
Warner balked, accusing the band of using "fuzzy math" and dreaming up "fictitious numbers" as a ruse to score a better deal from the label, including a $50 million to $60 million advance and a 50-50 profit split.
While both sides at an impasse, the Linkin Parkers at least kept up the appearance that they were no longer writing tunes together, with various members embarking on solo projects.
Emcee Mike Shinoda is going out on tour with his hip-hop side project, Fort Minor, in early 2006 in support of the album The Rising Tied, which hit the Billboard charts at number 60 last week.
Linkin's deejay, Joseph Hahn, meanwhile is busy finishing The Seed, a short film about a veteran who goes crazy on the streets of Los Angeles. He hopes to premiere in January at one of the Sundance's side festivals.
And frontman Chester Bennington has been preoccupied with his divorce from his wife of nine years, Samantha. The split was amicable and the pair are said to be seeking joint custody of their three-year-old son, Draven.
But now that a new deal has been struck, Shinoda tells Billboard.com that the group has "been working on new stuff for at least a month" now. He'll also be credited as a producer on the new record, which he says will likely take Linkin Park in a new direction.
While the band has no intention of resting on its laurels, Linkin Park has plenty of success to savor. The group scored a Grammy nomination Thursday for Best Rap/Sung Collaboration for the Jay-Z-aided "Numb/Encore." The 48th Annual Grammy Awards will air live from Los Angeles on CBS Feb. 8.
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