30 Seconds To Mars - Jared Leto
30 Seconds To Mars have struck a new deal with their record label - just months after the two parties were involved in a $30 million (£20.7 million) legal spat.
The A Beautiful Lie hitmakers, fronted by actor Jared Leto, were hit with a lawsuit from their bosses at Virgin Records in August after allegedly failing to produce an agreed number of albums.
They claimed 30 Seconds To Mars were due to release six albums on Virgin - but quit in July after only completing half the required number of records.
Leto fired back at the music executives for going public with the issues and insisted the band stopped recording because they still hadn't been paid for their previous efforts.
But now the rockers have resolved their differences with the record company, and are looking forward to releasing new music for their fans, Leto says, "It's great to finally move forward and focus on what's most important to us all - the music. We are excited about starting over with the many talented people at Virgin/EMI, and to sharing our new music with the fans in the very near future. We will never forget the unrelenting support from all our friends, family, and fans around the world."
And the record label bosses are equally thrilled to have the band back on board. EMI Music's President of A&R Labels, Nick Gatfield, says, "We are thrilled to have set aside our differences and signed a new agreement with 30 Seconds to Mars."
The band's third album, This Is War, is scheduled for release later this year.
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