LINKIN PARK - SHALIT WARNS LINKIN PARK: 'YOU'LL END UP WITH NOTHING'

Music mogul JONATHAN SHALIT has warned American rockers LINKIN PARK they may lose everything by attempting to end their contract with record company WARNER MUSIC GROUP.

The metal stars announced their shock decision on 2 May (05), claiming new deals the company are planning are geared towards making investors rich and not benefitting the artists.

But Shalit, who once managed CHARLOTTE CHURCH, insists the band are being naive, and could end up losing out.

He says, "I think Linkin Park are being opportunistic. If I was their manager I would quietly be giving them a health warning.

"I'd be saying, 'Don't be too clever - this marketplace moves very fast these days and you can fall off pretty quickly.'

"Linkin Park run the risk of being martyrs and martyrs often end up with nothing."

Linkin Park still owe Warner four more albums under the terms of their contract.