November 26, 2008 2:01

Metallica's next album to be released online? Metallica Tickets

Band set to go for Internet-only approach

Photo Gallery: Metallica

Metallica are considering releasing their next album online, but drummer Lars Ulrich says it might be a while coming.

The band recently came to the end of their record deal following the September release of 'Death Magnetic', and are weighing up all the options, which could include a regular label release.

"We're free of our record contract," Ulrich told Rolling Stone. "We have that element of complete freedom with the next record, so we can do whatever we want. We could do an Internet thing or even put it on Andy Greene's record label."

Despite the fact that 'Death Magnetic' was well-received, the band are in no rush to churn out another album anytime soon.

"I wouldn't hold my breath for another Metallica record," Ulrich said. "I'm still decompressing and coming down from the whole experience of the last one, but if we spit one out every four or five years that's not so bad."

As previously reported, earlier this month Ulrich made $13.5 million after selling a Basquiat painting at Christie's in New York.

--By our New York staff.
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