T Bone Burnett has unveiled details about his forthcoming Basement Tapes project.

Called Lost On The River: The New Basement Tapes, the album will be released later this year by Electromagnetic Recordings/Island Records/Harvest Records, and will feature artists including Elvis Costello, Rhiannon Giddens (Carolina Chocolate Drops), Dawesโ€™ Taylor Goldsmith, Jim James and Marcus Mumford. The have created music for two-dozen recently discovered lyrics written by Bob Dylan in 1967 during the period he was working on The Basement Tapes.

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The album will be accompanied by a documentary titled, Lost Songs: The Basement Tapes Continued, directed by Sam Jones who made the Wilco documentary, I Am Trying To Break Your Heart.

โ€œGreat music is best created when a community of artists gets together for the common good,โ€ said Burnett. โ€œThere is a deep well of generosity and support in the room at all times, and that reflects the tremendous generosity shown by Bob in sharing these lyrics with us.โ€

You can read an interview with T Bone Burnett here