Warner Music Group is loosing yet another big fish so Hits Daily Double reports. Depeche Mode, currently managed by Jonathan Kessler, have decided to quit the label.

The band apparently decided to sever ties with Warner domestically after concluding that they'd been under-served. The news does not come as a surprise to many as it had been rumoured for a few months already. The fact that Kessler recently joined up with Coldplay manager Dave Holmes to form Good Boy Productions, as we reported on March 31st, is a sign that the band could be going completely independent overseeing their releases stateside themselves or they could be signing to for example Live Nation which would not be all that strange either. The impact this might have on the band being signed to Mute/EMI in Europe is not all that clear as the band is being named more and more as one of the next defectors. Depeche Mode follows in the steps of the Eagles, Madonna and several other bands who left Warner.

Source: www.side-line.com