According to financial reports by the singer's label XL Recordings, the company says 'there will be a fall in XL's turnover and profits' because there won't be an Adele album in 2014.
- October 10, 2014
AceShowbiz -
Adele's new album is not coming later this year. Back in May, the British songbird hinted that the highly-anticipated record, presumably titled "25", would come at some point in 2014. However, financial reports of her label XL Recordings show that the company has no plan to release an Adele album this year.
"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," XL said in a statement on the reports, as quoted by The New York Times. "Nevertheless, the directors are confident that by pursuing management policies... XL will continue to achieve success with other artists."
Adele's latest album, "21", was a huge success. Spawning mega hits like "Rolling in the Deep", "Set Fire to the Rain" and "Someone Like You", the LP has sold more than 25 million copies worldwide since being released in 2011.
Fans have been eagerly waiting for the follow-up to "21" since Adele tweeted a cryptic message on her 26th birthday on May 5. At that time, she wrote, "Bye bye 25... See you again later in the year x."
