Today in Music: Pretty Girls Make Graves to call it quits after one last tour.

By Andrew | Published: January 29, 2007

Waved Rumor posted some really cool footage of the Replacements performing on Saturday Night Live from 1986. Check out this video of the Replacements playing ‘Bastards of Young.’

A couple things of note from the weekend, courtesy of Angry Ape… Brian Eno is working with Coldplay on their new album. Lily Allen and Hot Chip will both be performing at Glastonbury this year. Modest Mouse have unveiled details on their new album.

Some sad news from a local favorite… Pitchfork is reporting that Pretty Girls Make Graves are breaking up after one last tour.

Earlier this month it was reported that the FCC is close to settling with the four major commercial radio broadcasters over payola. Part of the settlement will apparently guarantee more airtime for independent music. In exchange, well… check out the reported deal.

Microsoft and Apple are reportedly discussing the possibility of a global licensing fee that would change the way you purchase music on the internet. Basically, you’re internet service provider would charge you a monthly fee to download songs, and you’d get to put them on any player you want.

Some cool photos from Peter Bjorn & John at Union Hall in Brooklyn.

The Decemberists have announced tour dates for the spring. Their second to last stop will be at the Paramount in Seattle on May 4.

Could it be? Looks like the Smashing Pumpkins will be reuniting in some capacity. According to Billy Corgan, they’re getting set to record and tour this year. It’s not clear yet whether founding members James Iha and D’arcy Wretzky will be involved.

Cool video of Ted Leo covering Springsteen’s ‘Dancing in the Dark’ at Northsix in Williamsburg last Friday.

Here’s some good news from Rogue Wave about Pat’s kidney operation.