online release explained...?

[Cadevil]

Many bands start their own record labels when their initial contracts run out. I think it was more common a while back (1970s, i.e. Led Zeppelin, Moody Blues, others), but most recently, Oasis' Big Brother Label.

The fact that UW "don't have a record deal" is not a cause for alarm that record companies don't think their stuff is good enough or something...