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He blamed Guy Hands and his company Terra Firma for the band's decision to leave the music giant, their long-time label, earlier this year.
"EMI is in a state of flux," he explained. "It's been taken over by somebody who's never owned a record company before, Guy Hands and Terra Firma, and they don't realise what they're dealing with."
O'Brien told Observer Music Monthly Radiohead had wanted to reach a deal and added: "It was really sad to leave all the people [at the label]. But he wouldn't give us what we wanted. He didn't know what to offer us. Terra Firma doesn't understand the music industry."
Hands's private equity company bought EMI for £2.3 billion in July and it has since reportedly fallen out with several artists.
