The New Dad Rock

EP 114. Are They Making a New Led Zeppelin Album?

Steve Nelson & Keith Nottonson Season 8 Episode 5

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0:00 | 36:03

What if the next Led Zeppelin album isn't made by Led Zeppelin?

This week, Steve and Keith tackle a question that sounds ridiculous today and inevitable tomorrow. From the first time Cleveland listeners heard Rush's "Working Man" and thought it was Led Zeppelin, to the rise of AI-generated music that can recreate almost any sound, we ask whether the world's most famous bands are ever really finished.

Along the way we discover that Ed Sheeran is worth how much?!? Then we follow the money to answer a deceptively simple question: how do musicians actually make a living in 2026?

Streaming royalties, touring, merch, VIP experiences, posters, limited-edition foil prints, and the strange economics of modern fandom all make an appearance. We revisit Radiohead's famous pay-what-you-want experiment and compare it to today's creator economy, where music itself sometimes feels like the least profitable part of being a musician.

Plus:

• Why a King Gizzard foil poster can cost more than a month of streaming revenue
• The enduring magic of The Fillmore poster tradition
• Whether legacy bands should keep making new music or simply tour the classics
• King Gizzard & the Lizard Wizard's seemingly impossible business model
• Who actually gets paid when you press play

Most importantly, Steve and Keith debate whether we're heading toward a future where every great band can release "new" albums forever.

Maybe the question isn't whether there's going to be a new Led Zeppelin album. Maybe it's who gets to make it.

Welcome to possibly our best episode yet.

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