From Country Standard Time – Willie Nelson will announce the formation of Pedernales Records at a press conference during the annual South By Southwest Music & Media Conference, his publicist said Monday. Nelson will introduce his company, top executives and the first artists signed to the independent label.It was not clear if Nelson would be on the label himself. He currently is signed to Lost Highway Records and had Kenny Chesney produce an upcoming album this winter.
Pedernales Records takes its name from the river that flows by Nelson’s home and headquarters outside of Austin, where he also owns Pedernales Country Club and founded Pedernales Studios (now owned by his nephew Freddy Fletcher), where Nelson has recorded as well.
Willie’s son’s band (Micah and Lukas) “40 points” is the first band he’s signed, and their album will be out next summer. Also, he is going to release his own previously released music on the label, including his recent concert with Winton Marsalis in NYC. He said once his contract with Lost Highways expires, he will release his own stuff.