Metallica is launching its own record label, Blackened Recordings, as the band takes control of all its master recordings, accord to Rolling Stone.
The deal includes all music and videos, as part of a contract provision Metallica negotiated with Warner Bros. in 1994. The band's 28-year relationship with the label has come to an end.
"It's always been about control for us as a band," drummer Lars Ulrich said in a statement. "Forming Blackened Recordings is the ultimate in independence, giving us 100 percent control and putting us in the driver's seat of our own creative destiny."
On Dec. 10, Metallica will release "Quebec Magnetic," a live DVD taken from two concerts 2009 in Quebec City.