French synth-rockers Phoenix have confirmed that "Bankrupt!" will be the title of their fifth studio album, due out this spring on Glassnote Records.
The band confirmed the title shortly after a bright red logo featuring the same word along with the band's name appeared on Phoenix's official site. The band has warned epilepsy-sensitive fans against the flashing neon promo soundtracked by a throbbing synthesizer beat, which could come from a new song.
On Dec. 6, Glassnote leader Daniel Glass announced that the quartet had finished recording its long-awaited follow-up to "Wolfgang Amadeus Phoenix" in a French studio, and hinted that it would be dropping in April 2013.