Label reps said the split between Radiohead and old label EMI was a result of them asking for deal valued at 10 million dollars.

Radiohead responds with…

we did not ask for a load of cash from our old record label EMI to re- sign.
that is a L I E.
The Times in the UK should check its facts before it prints such dirt.

whAT we WANTED WAS some control over OUR WOrK and how it was used in the future by them-
that seemed REASONAblE to us,
as we cared about it a great deal.

Mr Hands was not interested.
So neither were we.

To bedigging up such bullshit, or more politely airing yer dirty laundry in public,
seems a very strange way for the head of an international record label to be proceeding. (full response here)

Lastly, the band defends high ticket prices.