silverchair has parted ways with their record company, Sony Music. The band's manager, John Watson, confirmed today that the Newcastle trio's contract with the multinational corporation had expired and the band would not be renewing it.

"silverchair has enjoyed a very successful relationship with Sony Music over the last six years", said Watson, "but that relationship has now run it's course. The company was unable to give the band the kind of future controls over their music which other labels are offering so it was simply time to move on. silverchair and myself are very excited about the great new opportunities which are being presented to the band."

During their time with Sony Music's murmur and Epic labels silverchair have sold almost six million albums globally. They have enjoyed more top ten hits in Australia during the last decade than any other local act.

The band is currently writing and rehearsing in Newcastle after taking a break for most of this year. In January they will play the biggest show of their career to date when they appear in front of over 250,000 people at Rock In Rio alongside Red Hot Chili Peppers.

The group's singer/guitarist, Daniel Johns, confirmed that silverchair will record a new album in 2001. "I've been writing lots of new songs and I'm really pleased with how they're coming together", he said. "Ben, Chris and I are looking forward to playing in Rio and to making more music together."

It has not yet been revealed which record company has landed the right to release future silverchair recordings. However, an announcement will definitely be made within the next four weeks.