According to Illustrated Discography, “after performing ‘Can’t Help Thinking About Me’, ‘I Dig Everything’ and ‘The London Boys’ on the short tours of 1999/2000, Bowie became enthusiastic about the idea of re-recording some lesser known songs from the early days of his career. These re-recordings, together with a couple of new songs, were to appear on an album titled Toy, that was tentatively scheduled for mid-2001.
According to David’s journal on BowieNet, the production and artwork of the album were finished already by early 2001. However, time passed and rumours filtered through that Virgin appeared to be reluctant to release an album full of songs they didn’t have the rights to. At the end of 2001, Bowie left Virgin to set up his own record label ISO, but the complete Toy album thus far remains unreleased”.
But fear not, because this was just posted: David Bowie’s unreleased album Toy leaks online @ guardian.co.uk:
Toy, the 2002 album never released by Virgin and now leaked online, has given Bowie fans first new music in almost a decade
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