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He will release 44 tracks, one at a time, beginning later this month, also calls record labels “dead ghosts walking.”Billy Corgan, longtime vocalist and lead guitarist for the various incarnations of alternative rock band The Smashing Pumpkins, has decided to do a bit of experimentation of his own when it comes to releasing an album to his fans. Though he denies being inspired by the likes of Radiohead, who pioneered the art of giving away music for free with their album “In Rainbows,” Corgan plans to do just that with his new album “Teargarden by Kaleidyscope,” releasing each of the 44 tracks as a free download beginning sometime later this month.“No strings attached"“No strings attached, no e-mail address need be given, no fees, nothing, totally free,” he told Rolling Stone in an interview. “A 44-song free-for-all! You will be able to go and take the song or songs as you wish, as many times as you wish.”He plans to eventually offer them all in physical format, but instead of as part of a single release they’ll be available as 11 EPs with 4 tracks on each. He says it’s a way of emphasizing how important each song is to him. When the entire album is finished, it will be compiled into a deluxe box set which will also be made available for sale.Corgan thinks that the traditional album production time takes too long and that this method will give him a chance to do something “much more in the moment.” He thinks it’s far more important that he be “free than rich.” It reminds me of what Sir Paul McCartney said a few years ago when he expressed his frustration with EMI for needing at least 6 months or more to release what he could produce in a matter of weeks. As for Corgan’s opinion of record labels he calls them “dead ghosts walking, and they know it.”When artists grow so frustrated with the music industry that they’re willing to give their music away for free you know you have problems.