Coldplay have praised Radiohead and The Raconteurs for pioneering new styles of album releases, but insist that they won't follow suit by giving away albums on the internet or short announcement releases.
Frontman Chris Martin said he enjoys being on a major label, EMI, but talked about the inevitability of the band leaving one day.
"Being on a major label at the moment is like living in your grandparents' house," he told Reuters. "Everyone knows they need to move out, and they will eventually, but we kind of like our grandmother.
"It's obviously an antiquated model [being on a major label], because of the internet, but we really love the people we work with. If we knew what the solution was to everything, then we'd do it.
"We have absolute respect for the Radioheads and The Raconteurs and people who can do what they like. We're in contract though, so we're just going to make the most of it and enjoy the people we get to work with."
The band release new album 'Viva La Vida or Death And All His Friends' on June 12.
