U2 to rescue iconic recording studio?

Reports say the band are set to buy Olympic

U2 are reportedly considering buying London's Olympic Studios.

The Irish band recorded part of their forthcoming album 'No Line On The Horizon' at the historic Barnes studio, which has also been used by Jimi Hendrix, The Beatles, Led Zeppelin and Oasis.

Olympic's current owners EMI said in December that the studios weren't making enough money to justify their existence, and put the building on the market.

Despite already having their own studio in Dublin, U2 apparently liked Olympic so much they are considering putting in an offer for it, reports The Sun.

In recent years, the studio's 'bunker' has also been a musical-home to producer Stephen Street. Street produced albums by The Courteeners and Kaiser Chiefs there, as well as Pete Doherty's upcoming solo album 'Grace/Wastelands'.

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