Linkin Park, who demanded to be released from their contract earlier this year, has re-signed w/ Warner Bros. Records. Their first album w/ the new deal is expected to be released mid-2006.
Seems like Linkin Park did quite well during the renegotiations, heh. From the article:
"According to a report in The New York Times, the band reached a deal last week with Warner that will pay an estimated $15 million advance on its next album and gives the label an option for up to five more albums from the group, one more than was called for in their original contract. The deal also calls for the band's royalty rate to be bumped up to an estimated 20 percent, which nudges the multi-platinum six-member group nearer to the upper echelon in that category."
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