Was Holly dropped?

CMU reports:

Holly Valance has told the Sydney Morning Herald that she hasn't been
dropped by Universal Records - although a somewhat confusing statement suggests a second album is not, as yet, a foregone conclusion.

Valance: "So much is happening there [at Universal] at the moment, a lot of
things are moving around and changing. I've always had an excellent relationship with the people there. I just feel positive about it, even though internally a lot of people are leaving, new people are coming in. Whether that's going to affect artists that are signed, I'm not sure at this stage. But I'm not worried about that either, because there's always going to be other things. I'm still young, a lot of people have stories to tell from their early days of ups and downs."

Valance went on to say acting was taking priority over music just now, confirming rumours she would spend much of 2004 in the US trying to build her name as an actress there: "Acting and music are both my loves, but I
always want to try to do both. I had already told my management this year the music's going to take a back seat a little bit because I also want to follow my other passion."

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