Wilco have announced that they are departing Nonesuch Records to open their own label, dBpm Records. The label will be marketed and distributed by Anti- Records, which itself a subsidiary of Epitaph Records. The new label will be run by the band's longtime manager Tony Margherita.
Wilco released four studio albums, a double-disc live record and a concert DVD as part of their recently completed deal with Nonesuch. Though these records, including their breakthrough hit Yankee Hotel Foxtrot, were the most successful of their career, band leader Jeff Tweedy says that they were eager to take more control over their business. "We really like doing things ourselves," Tweedy said in a statement, "so having our own label feels pretty natural to me."
Video: Wilco Live at Bonnaroo 2009
It is unknown whether dBpm will only exist to release music by Wilco or if Margherita and the band have plans to eventually put out music by other artists under the banner. Wilco are presently working on the follow-up to their 2009 record Wilco (The Album), which will presumably be the new label's inaugural release.