While Radiohead, The Stones, Coldplay, Robbie Williams and Paul McCartney have all either left or in the process of leaving EMI, U2's manager Paul McGuiness has confirmed that his band will not be leaving Universal Music.
McGuiness has stated that the relationship between U2 and Universal is an "excellent relationship" and that last year, the band resigned for another four albums.Comments by McGuiness were misinterpreted by a tabloid journalist for Fox News last week causing Fox to incorrectly headline the departure of the band from the label.
McGuiness was critical of the major labels saying that "through lack of foresight and planning allowed a range of industries to arise that let people steal music."
It was not a statement that U2 were departing the label they started with 28 years ago.
U2 released launched their new concert movie U2-3D at the Sundance Film Festival. All four members of the band attended the premiere.
The movie was shot during the South American leg of the Vertigo tour.
