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After dissolving Swans, Gira formed Angels of Light, continued his work with Young God Records and Jarboe continued her solo work.
In 2009, Gira hinted that he may one day resurrect Swans.
In January, 2010, the official MySpace page for Swans was changed to display " SWANS ARE NOT DEAD ", and a bulletin was posted containing a link to Young God Records ' MySpace, where a new song had recently been uploaded.
According to a post on the Young God Records Facebook & MySpace accounts, Swans have officially reformed and Gira is currently recording and demoing new material.
To help raise money for the upcoming new Swans album, Gira released a new solo album, I Am Not Insane, via his Young God Records website.
In January 2010 LAS Magazine posted an article on alternative financing in " a cash-strapped music industry, unable to rely on record label financing, is positioning its own quid pro quo: fan dollars to fund projects in exchange for exclusive material and a sense of involvement " that cites the Swans selling out of the 1, 000 signed and numbered copies of I Am Not Insane as an example of reverse financing where proceeds from one project are rolled over to finance the next.
Swans have announced a series of U. S. and European tour dates, and headlined the Supersonic Festival in Birmingham, England in October 2010.
Michael Gira announced on June 13, 2010, through the Young God Records page on Facebook and his personal Facebook account, that the next Swans album would be titled My Father Will Guide Me Up a Rope to the Sky.
The album was released on September 23, 2010, and the band simultaneously embarked on a world tour scheduled to last eighteen months.
The band have been chosen by Portishead to perform at the ATP I'll Be Your Mirror festivals that Portishead curated in July 2011 at London's Alexandra Palace, and, in September 2011, in Asbury Park, New Jersey.

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