New York rock act Interpol has parted ways with indie home Matador Records and will sign a new deal with Capitol, sources say. The group is now being managed by Dave Holmes, whose clients also include Capitol flagship artist Coldplay.
Billboard.com understands the group will hit the studio in the fall to begin recording its third album, which is tentatively due in mid-2007. In July, the group wrote on its Web site that it had already spent six months crafting material but had yet to begin recording.
The quartet found immediate success with Matador thanks to its 2002 debut, “Turn on the Bright Lights,” which has sold 438,000 copies in the United States, according to Nielsen SoundScan. Its 2004 follow-up, “Antics,” has shifted 435,000 units, and debuted at a career-best No. 16 on The Billboard 200.
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