Music fans, drop what you’re doing, because this is the most exciting news you’ll hear all week. There is a new supergroup in town. It’s called Wild Flag and — are you sitting down? — here’s who’s in it: Carrie Brownstein (Sleater-Kinney), Janet Weiss (S-K/Quasi), Mary Timony (Helium), and Rebecca Cole (The Minders). Pretty crazy, right? It’s kind of like someone’s been fishing around in our fantasies, because this is the kind of line-up we dream of. Of course, since various pairs of band members have already worked together, it also totally makes sense. All we know so far is that Wild Flag are signed to Merge and expect to release their first album in 2011 — and that’s really all we need to know, too. [via @Maura]