Wilco Start Their Own Label?

According to Wilco guitarist Nels Cline, the band has left Nonesuch Records, its home for most of the past decade, and is starting its own label. Cline dropped this particular bombshell during an interview with Express Night Out. Thanks to James DuBray for the tip.
Talking to Express Night Out, Cline says, "I think our main task now is to work on new material and a new album. And now that we have our own record label, there's going to be funny things to come out." He adds, "I don't know the name of it. Jeff [Tweedy] was basically not wanting to be on a record label for a while-- he didn't renew his contract with Nonesuch-- so we're striking out on our own, our own label. There might be a 7" or something, a little souvenir when we do this Mass MoCA [the Wilco-curated Solid Sound Festival]. I'm not sure, really. Basically, Jeff and [Wilco's manager] Tony Margherita are the masterminds, so I'm just cruising with what they want to do."

A rep for the band confirms that Wilco's deal with Nonesuch has expired, but does not confirm that the band will definitely be releasing future albums on their own, though it is a possibility.
So if you're attending the Solid Sound Festival next month, keep an eye out. You could take home the very first product released on Wilco's mysterious new label.
Wilco and Nonesuch have a storied history. The label signed Wilco after the band was dropped by Nonesuch's fellow Warner Music Group imprint Reprise during the making of the now-classic Yankee Hotel Foxtrot.

 Tom Breihan @'Pitchfork'