Coldplay and their record label are giving undiscovered bands the chance to 'open' for the group in San Jose, Chicago, Philly, Hartford, Washington D.C. and Boston by entering an online contest.

To enter, bands need to submit an original song performance via YouTube.

For those of you who are considering the contest — read the contest rules and fine print closely.

You could see your YouTube performance being used in ways you're not happy with and you won't be able to do anything about it!

There's even a line in the rules that says that Coldplay's record company can place your band's song on a compilation album and they wouldn't be required to pay up for usage.

It gets worse.

By submitting your bands' performance of an original song, Coldplay's record people have the exclusive option to sign your band to what appears to be a crappy record deal.

Is playing with Coldplay really worth giving up even an ounce of control over your original material?

Think about it hard!

[Image via WENN.]

Read more at: http://perezhilton.com/2008-07-01-coldplay-effs-with-the-little-people.