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No official release yet so don't know when exactly the album is supposed to come out but I'm assuming it's this year.
I'm sure you're all brimming with excitement.
I posed him that exact question on his discord page as to what his future plans are....
He said he plans to relax for a bit, do his You Tube thing, keep writing new music and then will decide how to release that music. He said as of now he's thinking he'll either do a solo thing or form his own band. He didn't say this but I'd sort of envision a Daughtry type "band" where he kind of puts a band behind his name.
So essentially, I think you're right on with his plans. Ultimately, I think like you say, the control is a big part of it. I think he wants to be able to operate on his own schedule to maintain his health and family obligations.
It'll be interesting to see what sound the new material takes on. It would seem logical to think it would be rock/melodic rock of some sort since that's really the type of music he's built his following with but he certainly has shown he can dabble anywhere from AOR to metal.