Foo Fightersare looking for a new record deal in the US after their deal with Capitol Records expired last year.
Dave Grohl is talking to a number of companies, including Madonna‘s record label, Maverick.
A spokesman for the group said: “You’re talking about a band that sells two to three million albums worldwide. But with Dave, the last thing is the money, it’s all about what he can or can’t do.”
The band are also suing Miramax film distributors for the unauthorised use of their 1996 song ‘Big Me’ in the Matt Damon film Rounders.
Foo Fighters are looking for compensation of around $86,000.
Meanwhile, Kerrang! magazine reports that Grohl has refused to take part in a Radio 1 special on Kurt Cobain, which will be broadcast on April 5, the fifth anniversary of the Nirvana singer’s death.
The show’s producer Emma Lyne said: “He said that, even five years after Kurt‘s death, it was too soon to talk. He did add however that he will talk one day.”
Those who have taken part in the show include James Dean Bradfield, Liam Howlett and Ozzy Osbourne, plus the producers of Nirvana‘s three studio albums, Jack Endino, Butch Vig and Steve Albini. The show will be aired from 7-8pm.