Shoegazing legend has been working on 'guitar track' for possible vinyl release

My Bloody Valentine‘s Kevin Shields has launched a new record label – but denied it’ll be used to release new material by the band.

The reclusive musician set up the new imprint, Pickpocket, with his friend Charlotte Marionneau, initially to put out a new EP by her band Le Volume Courbe.

He explained that the London-based band were planning to put out the EP – titled ‘Theodaurus Rex’ – with another label, but it will now come out on their imprint on November 14.

Shields told NME:

I was like ‘I’ll just get rid of a few pedals that I’ve had lying around for ten years and we’ll start a label’.

Although there are no plans to put out new material by My Bloody Valentine on the label, Shields confirmed he has been working on a new “guitar track”.

“It’s ten minutes of noise. We thought we could put it out as a 10-inch,” Marionneau said.

My Bloody Valentine haven’t released a studio album since 1991’s ‘Loveless’.

To read the full interview with Shields and Marionneau, pick up this week’s issue of NME, which is on UK newsstands and available digitally now.