Hopefully you didn’t have you heart set on buying a new My Bloody Valentine CD after all this time, because MBV’s manager tells Billboard that they are planning to take after another famous U.K. art rock band when it comes to releasing their planned 2008 follow up to Loveless.

“At the moment, all I can say is that Kevin is getting the band back together and they will go into the studio next month to work on the new record,” says MBV’s London-based manager Vinita Joshi, referring to notoriously reclusive singer/guitarist and bandleader Kevin Shields. “The plan is that they will release the album themselves via the Internet, but there will also probably be a vinyl release.”

Joshi adds that the band is unlikely to follow Radiohead’s pay-what-you-like download model for its new recordings.

Well, duh: A lot of bills pile up after 16-odd years of woodshedding, and that Sofia Coppola/Primal Scream money only goes so far. Also, it’s only a little more than a month after In Rainbows, and already the words “do a Radiohead” are topping my list of phrases I never, ever want to hear again. Especially for bands “unlikely to follow Radiohead’s pay-what-you-like download model,” i.e. one of the few things that made the In Rainbows release unique in any way whatsoever.

Exclusive: My Bloody Valentine Plans Digital Future [Billboard]