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The Shins Say So Long To Sub Pop

5:54 PM EDT on June 20, 2008

After being touted as the saviors of Sub Pop (employees started wearing Sub Pop t-shirts again, hooray), the Shins are moving on to greener pastures. Or, really, their own backyard. Billboard.com reports:

The Shins are likely to self-release their fourth studio album through frontman James Mercer's Aural Apothecary label ... The Shins are seeking a deal that would allow them to own their masters, "and, in addition to the marketing tools we have at our own disposal, team up with a label partner that will assist with additional marketing, radio, and various costs," [Shins manager, Ian] Montone reports.

Makes sense. And now so does the Shins' notable omission from the Sub Pop 20th Anniversary party lineup.