My Bloody Valentine's Kevin Shields Launches His Own Record Label

My Bloody Valentine's Kevin Shields Launches His Own Record Label
While My Bloody Valentine may never release another studio album, main man Kevin Shields is keeping busy by founding his very own record label.

The famously reclusive musician has revealed that the newly launched label will be called Pickpocket and first up for the company will be an EP by Le Volume Courbe, which features imprint co-founder Charlotte Marionneau.

"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,'" Shields told NME of his newfound business venture.

The UK imprint will issue Le Volume Courbe's Theodaurus Rex on November 14. Unfortunately, Shields maintained that Pickpocket has no plans to release anything by My Bloody Valentine, who of course haven't put out an album since 1991's Loveless. He did, however, admit to constructing a new "guitar track."