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Hot on the heels of their success at the Brit Awards, Coldplay announced their intentions to record a tribute album to one of the greatest bands of all time.
"We've been so influential and such an inspiration to so many," said the band's frontman, Chris Martin. "We feel it really is time to give ourselves the recognition we deserve. That's why we're going to make this very special record."
The album will feature the band performing cover versions of songs from the multi-million selling X & Y plus tracks from their previous albums, Parachutes and A Rush of Blood to the Head. There will also be a limited edition CD packaged to resemble Chris Martin's head, with a bonus CD containing over 1000 detailed pictures of Chris.
"It's going to be difficult to do ourselves justice with this record," Martin said. "But we should be able to manage it if we push ourselves."
Proceeds from sales of the album will go to a recently-established fund to enable the band to continue with the vital work of producing music that will enrich the lives of their generation.