Distributor ADA and top indie labels are teaming to create a series of compilations modeled after the very successful "NOW That's What I Call Music" series.

Distributor ADA and top indie labels are teaming to create a series of compilations modeled after the very successful "NOW That's What I Call Music" series. However, sources tell Billboard.com the series is "still in the super-early discussion phase," particularly regarding other labels that may opt to release one of the albums in the future.

According to Entertainment Weekly, Vice Records, which declined comment to Billboard.com, will release volume one, being eyed for July. No formal deal is in place but "Matador has expressed interest in putting out volume two, and Sub Pop has shown interest in volume three," according to EW.

A Sub Pop source says the label was asked by ADA for permission to include a Shins song on the compilation, which it granted. But any discussion of Sub Pop releasing one of the albums down the road is "putting the cart before the horse," the source says.

According to the report, the yet-untitled series will feature artists such as Bloc Party, the Shins, Bright Eyes and Clap Your Hands Say Yeah, but a spokesperson for Silversun Pickups denies the group will be represented, contrary to the EW article.

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