Renowned producer T Bone Burnett has signed an agreement with Capitol Music Group (CMG) to bring his newly formed Electromagnetic Recordings to the legendary label. Burnett, who started his performing career as part of Bob Dylan's 1975 sprawling Rolling Thunder Tour Revue, has produced such recent high profile releases as Elton John's The Diving Board, Robert Plant and Alison Krauss' Raising Sand,  John Mellencamp's No Better Than This, Elvis Costello's National Ransom, and Gregg Allman's Low Country Blues, among others.

Burnett's press release outlined three high profile projects for CMG:

The Basement Tapes. . . Continued:  Bob Dylan's music publishing company recently discovered lyrics Dylan wrote in 1967 for informal sessions with members of the Band that later became known as The Basement Tapes.  Dylan has entrusted Burnett with these lyrics, and early 2014 -- nearly 47 years since the legendary original sessions -- Burnett will assemble a select group of contemporary recording artists in the famed Capitol Studios to complete the songs and record them as a band. Fans will experience this historic creative collaboration through an album release, as well as a documentary film and book of photography by award-winning filmmaker and photographer Sam Jones -- best known for the Wilco documentary, I Am Trying To Break Your Heart.

Untitled Gregg Allman album: Burnett will return to the studio with Allman in December 2013 to record the follow-up to Low Country Blues, the 2011 Burnett-produced album which  debuted in the top ten of  Billboard's 200 chart and became one of Allman's best-selling and most critically acclaimed releases.

Untitled Jerry Lee Lewis album: Burnett is working with "The Killer," on an album that will be released next summer in conjunction with the HarperCollins publication of Lewis's memoir -- as told to Pulitzer-Prize winning author Rick Bragg.