U2 Postpones New Album, Tour Until 2015

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U2 arrives at the 86th Annual Academy Awards at Hollywood & Highland Center on March 2, 2014 in Hollywood, California. (Photo by Steve Granitz/WireImage) | Steve Granitz via Getty Images

Billboard reports that U2 will not unveil a new album until 2015, despite a tentative release planned for this summer. The band also decided to reschedule a tour, originally slated to begin in September, for summer 2015 so they can continue to work on the album in additional sessions scheduled with producers Ryan Tedder and Paul Epworth.

"It seems to be taking longer for them to finish an album as they get older, but the great thing about U2 is that the whole of a record is always better than the sum of its parts," a source close to the project reportedly said. "That magic that the band always seems to capture ... they have yet to capture it."

Read more about U2's delay on Billboard.

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