Joe Jonas: Goodbye, Hollywood Records

Joe Jonas heads out on the red carpet for Tao Beach’s Season Opening at the Venetian Hotel and Casino in Las Vegas on Saturday (May 5).

THR just announced that the Jonas Brothers and Hollywood Records have parted ways.

“This was a decision that we made as a group,” Nick Jonas shared. “Naturally, as with any partnership, when you do part ways, there is emotion tied to it. We’ve been blessed to have a lot of success with Hollywood and with Disney, but speaking on behalf of my brothers [Joe and Kevin] and our team, we’re all looking forward to this next chapter. We’re ready for that next step as a group, and being able to take our work with us was so important.”

He added, “In these past three years, my brothers and I have not released a record, but we’ve really come into our own as men. And we’ve also lived life, which is an important part to making a record. I’ve got a studio set up in my apartment in New York where we can all put down our ideas. It’s a really liberating feeling to just be able to create and write whatever is on our hearts.”

WHAT DO YOU THINK about this news? Are you shocked or was this expected?

10+ pics inside of Joe…