Radiohead denied the rumor of signing a contract with the newly flaming record label.
Rumors circulating on Radiohead signing to Starbucks is proven wrong by the band. A spokesman said on behalf of the band that their next album is coming in the way but they are not signing any deal with anyone.
Though saying during an interview in 2006 that it is terrifying to not have a contract, the band later said that they do not plan to permanently re-sign to one label for more than 1 record. They haven't even discussed on how they album will be released and is still juggling between releasing a LP or an album.
The band has been working on this seventh piece since early 2005 and performed several of the results during the tour in Europe and North America in 2006. It was reported that they worked with producer Mark "Spike" Stent in the first session and with Grammy Award winning producer Nigel Godrich in another.