Coldplay miss large bonus from EMI

Chris Martin has revealed Coldplay missed out on a large bonus from EMI over the late delivery of their upcoming album X & Y.

Martin says passing up the financial incentive was a turning point for the band.

He told America's Insideonline.com, "Deadlines be damned. It was all to do with fiscal years and shareholders anyway. Once we forgot about the money we were free to push ourselves to the very limits and make the best album possible."

Shares in EMI fell more than 16 per cent at the beginning of February after the company issued a profits warning following disappointing post-Christmas sales and delays in the new albums by Coldplay and Gorillaz.

The band scrapped their first batch of new songs recorded with Ken Nelson last summer after it had begun rehearsing the songs for a planned tour and began working with producer Danton Supple.

Explaining the album's title Martin said: "X and Y is the mathematical formula used when you don't know the answer. But, it's also like black and white, or hope and despair, or optimism and pessimism. Everywhere you look there's a tension of opposites."

The singer, who is married to Oscar winning actress Gwyneth Paltrow, admits he still often doubts his ability as a songwriter.

"I still spend at least 60 per cent of my time thinking 'I can't write songs.' I don't see myself as brilliantly talented, but lucky to have met the right combination of people who fit together like a jigsaw so

you can't see our individual shortcomings."

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