THE PANIC CHANNEL guitarist Dave Navarro has issued the following update:

"Spread Entertainment News: Tom Green has decided to fly back to LA from Canada specifically to join us for our premiere show on May 17th on ManiaTV.com - 5:00pm PST/8:00pm EST. Tom is kind of the pioneer of this platform and it wouldn't feel right to launch without him. Thanx Tom!

Thursday's show is now a super tight lineup with Tom, Bill Shafer's Serial Killer Art and NYC based band KHZ. Reminder: We plan on a Spread's Viewer Clip of the Week segment, so if you have any video you wish to submit, now is the time. You can do that at the Spread Entertainment Mania page.

News From The World Of Panic: Siggy, Perk and I have decided to get together in a couple of weeks and start writing some musical ideas together while Steve is in NYC. At a later date, Steve is going to come out here for an extended leave from the East with his ideas and contribute to what we have done, with the sole purpose of cranking out another Panic Channel record. We couldn't be more excited about this because we are now out of Capitol and don't foresee any potential hold ups from the corporate world. Our plan is to write, record, mix and make the music available online. Total DIY style.

We have been complaining about the current state of the record business for so long and now we have an opportunity to do what we always wanted... End our personal slavery to a failing corporate industry that is on it's last legs and gasping for air. It's not only Capitol... It's all of them. They all play follow the leader but they look to each other to lead. You can easily see how that would be a confusing game to play. Anyway, enough label trashing. It's all about action anyway. Anyone can complain and we DO feel very grateful for the opportunities we have had, many of them made available to us by Capitol, so the real key is to keep moving forward. As long as we have the music and all of you, it isn't so bad. In fact, it's a pretty amazing deal!"