Has Christmas come early for chart acts not named Adele?
It certainly appears so following an interesting new report by the New York Times.
The Brit-belter, whose blockbuster album ’21’ dominated global tally’s during each of the three years that followed its 2011 release, has been working diligently on its follow-up with the likes of Paul Epworth and Ryan Tedder.
And while many industry sources had been convinced that the hotly anticipated set would arrive at retail this quarter, the New York Times have published a story strongly suggesting otherwise. A story rooting its truth in a new financial report from the diva’s label XL Recordings.
The most definitive statement so far about Adele’s plans is in the latest annual financial report by Adele’s label, XL Recordings, which was filed on Thursday with regulators in Britain, where the company is based. Buried alongside the news that XL — whose other acts include Vampire Weekend and the xx — made $15 million in net profit on almost $61 million in revenue in 2013, was the following sentence:
“There will not be a further new release by Adele during 2014 and consequently there will be a fall in XL’s turnover and profits.”
While growing hotter as a number of notable releases loom, Q4 of 2014 has been in great need of a triple A album roll-out that boasts the all-out support of the major label machine. An Adele LP would have brought exactly that.
Here’s hoping it’s an elaborate rouse. Although, we could see how a Grammy 2015 launch-pad for the project would make ample sense.
Needless to say, many an artist is likely breathing a sigh of relief. Who knows, perhaps we’ll finally get that album Rihanna has been so scared to release.