The Futureheads have been axed by their record label 679 Records.
Despite the news frontman Barry Hyde says he is delighted with it because it means the band are now free from label pressures.
The Sunderland lad was speaking to Julie Cullen on BBC6music when he made the revelation.
He said: I'm over the moon about it to be honest with you, 'cos I feel like we're free now. We weren't happy as a band on that label."
â€œIt's good to get out of the shackles of being tied down to something. I think it's put us in a very strong position 'cos we're still a band that people like."
Although no official reason has been given for the parting of ways, some are speculating that poor sales of their second album â€˜News & Tributesâ€™ were a contributing factor.
The band kick start their new UK tour in Preston this coming Saturday (November 25). All dates have remained unaffected.