COLDPLAY - COLDPLAY DELAYED ALBUM RELEASE TO DENT LABEL'S PROFITS

The postponed release of COLDPLAY's next album is expected to seriously dent record company EMI's profits.

CHRIS MARTIN's group have delayed the airing of their follow-up to A RUSH OF BLOOD TO THE HEAD until after their label's current financial year ends (MAR05) - affecting the music giant's revenue.

EMI already suffered from lower than expected album sales last month (JAN05) and sales are unlikely to improve during the next two months (FEB-MAR05).

London analysts had predicted profits of $323 million (GBP170 million), but have recently revised their estimate to $262.2 million (GBP138,000).