A Dublin spokesman for EMI confirmed today that they have not been working with Divine Comedy since last year.
After leaving the Setanta label, Hannon signed to EMI, with 2001's Regeneration as their first release, which was a top 20 hit in the UK.
Together, the artist and label went on to release Absent Friends in 2003 and Victory For The Comic Muse in 2006, for which Hannon won the Choice Music Prize accolade on Wednesday.
Usurprisingly, all in Neil's camp are not fazed by the annoucement. Hannon's manager, Natalie de Pace, said: "Yes, the deal with EMI is at an end but its all very amicable and we haven't ruled out the idea of doing something with them at some point in the future.
"Meanwhile things with Neil are all very exciting. There's the Choice Music Prize, which Neil is blown away about winning. He's contributed to the Air album which is out in late March. He's also writing for a whole load of different things, including the new series of Graham Linehan's IT Crowd and he's working on a theatre project with the National Theatre in London.
The redoing of his back catalogue should be finished this year at some point ready for re-release, and when he's done all that there's a new Divine Comedy album to write.. It's busy!"