Chamillionaire went live on Ustream and discussed his future to his fans Saturday night. During the stream Chamillionaire announced that he has officially been released from Universal Records. He also announced that he will be flooding the internet with new material, and projects in the foreseeable future.

Sadly, there is a bit of bad news to go with all of this good news though. Part of Chamillionaire’s release from Universal Records meant that he could not put out any music that was intentionally recorded for his album ‘Venom‘ which was to be released by Universal.

Source: HHNM