Velvet Revolver should try not splitting from things for a moment, they might find they like it. First it was frontman Scott Weiland, now it's their record label, Sony's RCA.
It's rumoured that the split is down to poor sales of the band's second album, 'Libertad', which has shifted just 300,000 units in the US since its July 2007 release, compared to the 1.98 million their debut, 'Contraband' sold in the States.
However, this is apparently not the case, according to guitarist Slash. His official fansite, snakepit.org reports: "Slash says that while it is true that VR is no longer with RCA, the truth is not as negative as the rumor. The band owed RCA money for a third album, which at this time they are unable to produce (no singer). The band and RCA parted amicably. When they are recording the new album, it most likely will be for a new label".