Of a recording artist, to have been released from their record company contract.
Typically used in connection with major label artists popular two years ago after an colossally expensive marketing campaign, but who are now objects of derision.
Most amusing when the artist was signed for tens of millions of dollars a few months previously, went mad and has sold four records since. See also Mariah Carey.
"Good Charlotte? Dropped within the year, I bet you."
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