Oasis' label negotiations up in the sky.

After a deal with Universal to internationally distribute a new single and DVD, and free from their Sony BMG contract, Oasis ignite interest among labels

Oasis have raised further speculation as to their new label home, after signing a deal with Universal to internationally distribute the band's forthcoming single and DVD.

Oasis' management company Ignition is understood to be in talks with various parties, including Universal's Mercury, regarding the band's next studio album, which is expected in 2008, after Oasis completed their obligation for new studio albums with Sony BMG.

Although Sony BMG says that it has the rights to release one further Oasis best of set and is in negotiations with the band over their next studio album, the DVD deal will nevertheless fuel speculation that the band may work more extensively with Universal in the future.

Oasis' next releases will be a digital-only single, entitled Lord Don't Slow Me Down, to be released on October 21, and a tour documentary DVD of the same name to be released a week later.

In the UK, the releases will be issued independently through Oasis' Big Brother Recordings label and will be distributed both physically and digitally by Vital, with whom the band have a long-standing relationship.

Internationally, the release will be distributed by Universal, marking the first time the band has worked with the largest major. The deal came around after meetings between UMG consultant Ray Still, Big Brother and Ignition Management.