Megan & Liz Leave Management/Label, Premiere New 'Simple Life' Single: Exclusive

With a new EP coming in June, the sister duo discusses their future away from their longtime label.

Twin-sister pop duo Megan & Liz will return later this year with the new EP "Simple Life," their first piece of new material away from Collective Sounds, the label arm of management group The Collective. Billboard can exclusively confirm that, with Collective Sounds closing, Megan & Liz will also depart from The Collective, which houses artists like Slash, Toni Braxton and Kelly Rowland.

In a bit of positive news, Megan & Liz have returned with a preview of their upcoming musical project. Listen to the shimmering, understated title track to "Simple Life," premiering exclusively on

"We have had great success to date with The Collective and we would like to thank them for offering us an incredible opportunity," says the duo's Megan Mace, in the pair's first statement about the shuttering of Collective Sounds. "Both myself and Liz are saddened by the closing of the label, but we are grateful to have had the chance to play a part in its success. We have learned so much from the experience and we are excited to continue to grow as artists and creating music that is true to our hearts. While embarking on this new journey is scary, it is necessary to carry out our vision for ourselves and our fans."

Megan & Liz Studio Session: Watch 'Release You' Performance

The 21-year-old sisters are attempting to translate their massive success on YouTube to a durable recording career, beginning with the 2012 single "Bad For Me," which has 3.8 million YouTube views to date. Last year, Megan & Liz collaborated with Max Martin, Shellback and Savan Kotecha on the deliriously fun single "Release You," which was supposed to lead the debut album "Look What You Started." The full-length was tentatively slated for a summer 2013 release, but never arrived on Collective Sounds.

"We have been able to have a great relationship with our fans while at The Collective, and that's not going to change," says Liz Mace. "I'm not worried about the future, because our fans always support us and whatever path we choose to follow."

The "Simple Life" EP is currently being recorded in Nashville by the Michigan natives, and is due out on June 3.

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