LOL not at all. Why would Interscope drop a band that makes bank on shed tours?
This is clearly something they've been working toward and negotiating about for a while.
Well, if blink-182 has been signed for 15 years, they probably didn't have a 360 deal. So the label would most likely have seen nothing from their touring profits, besides CDs sold on the road.
I imagine the deal just ran out though.