Coldplay extends Universal publishing deal

Financial terms, length of contract was not revealed

LONDON -- Coldplay has extended its publishing deal with Universal Music Publishing Group to cover future songwriting.

Financial terms or the length of the contract was not revealed. Universal has been the band's publisher since 2007 when the music major acquired BMG Music Publishing, the group's original publisher.

Caroline Elleray, current head of A&R, Universal Music Publishing U.K., had originally signed the multiple Grammy-winning four-piece to BMG Music Publishing in 1999.

In a statement, Paul Connolly, president of Europe and U.K., Universal Music Publishing, hailed the band as "all that's great about music today."

"They've sold over 50 million albums worldwide and their huge success is entirely deserved. We're obviously very proud to be Coldplay's publisher so it's great that we've been able to extend our relationship with them in this way," Connolly went on to say.

Dave Holmes of 3D Management, the band's manager added: "Coldplay and myself are pleased to continue our relationship with Universal Music Publishing.

"Paul and Caroline are the best in the business and we are happy to be a part of their ever growing family," Holmes continued.

Coldplay is currently in the studio working on its as-yet-untitled fifth studio set.