COFFEE TALK: ‘New’ Velvet Underground Track Surfaces, Sasquatch! Challenges Coachella …

THE VELVET UNDERGROUND: Nico plays not-so-nice 

• A kinda-awesome unreleased Velvet Underground cut has  emerged on a new bootleg.
• This year’s Sasquatch! Festival has snagged the Cure, the Flaming Lips and R.E.M., making it a possible Coachella killer for Jack Johnson haters.
• TONY recently spent some quality time backstage with Stephin Merritt.
• So this is why David Bowie got mixed up with Scarlett Johansson.
• A Brooklyn-based activist has filed a $5 billion-dollar suit against Jay-Z and Bruce Ratner over their proposed New Jersey Nets project.
• ThinkFilm has picked up the distro rights to Ellen Page’s pre-Juno film, The Tracey Fragments. (Bonus: Broken Social Scene composed the score and contributed tracks to the indie-tacular soundtrack.)
• This past weekend’s SNL episode—the one hosted by the ever-amazing Tina Fey—earned the show’s highest ratings in two years.
• Project Runway’s auf’d Sweet P got her revenge last night by live blogging the Oscars’ red carpet (including Heidi Klum!).
• Twenty questions; Mike Doughty; go!
• SxSW has finally announced its schedule. Fresh off last year’s unofficial party crackdown, some people are really not happy with this year’s direction.
• Noel Gallagher is selling his Ibiza home … because of James Blunt.
• Mates of State have completed their latest disc.
• Are you one of those ‘hip parents?’ Here’s a Devendra doll to buy your kid then.
• A Ronnie Wood painting is up for sale this week. (He’s the Rolling Stones guy that isn’ Mick or Keith.)
• Nick Cave still scares us despite the fact that he just turned 50.
• Legendary reggae producer Joe Gibbs has died of a heart attack at 65.
• Donna Summer is mounting a comeback just in time to show those space disco cats how it’s done.
• An Alice in Chains biopic is on the way.
• The Raveonettes are full of Lust Lust Lust.
• Klaxons are close to finishing their next album.

S/T Video of the Day: Klaxons, “It’s Not Over Yet”

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