Time to set fire to the rain in disappointment, since Adele likely is not going to be releasing a new album before the end of the year.
While Adele had already debunked rumors that a follow-up to the hugely successful 21 was coming soon back in July, a report from The New York Times suggests that her record label has finally come to grips with reality.
XL Recordings filed a financial report in the U.K. on Thursday, reporting $15 million in net profits from $60 million in revenue. The label did note, “There will not be a further new release by Adele during 2014 and consequently there will be a fall in XL’s turnover and profits.”
Sony’s Columbia Records, which has distributed both 19 and 21 in the U.S., will also likely be saddened by the news. After all, there are only five albums released in the past year in the U.S. that have reached over 1 million copies sold. Disney’s Frozen soundtrack is the only one of those to reach 3 million.
Calling Adele’s 21 a “hugely successful” release is actually an understatement. She took home six Grammys, including Album of the Year for 2012. The album has spent 189 weeks on the Billboard 200 album chart and held the No. 113 spot this past week.