The Apples in Stereo song "Stephen Stephen" recorded by The Apples in Stereo to glorify the show's host Stephen Colbert, to kick off a guitar solo contest between Colbert and Chris Funk of The Decemberists. On February 6, 2007, The Apples in Stereo released their sixth studio LP, "New Magnetic Wonder". Finishing a ten-year deal with spinART Records, "New Magnetic Wonder" was the premiere release on Simian Records, a newly formed record label founded by Elijah Wood. This was followed by a long-awaited b-sides and rarities compilation titled "Electronic Projects for Musicians", released on April 1. In 2008, spinART Records went out of business.
The Apples in Stereo Tomorrow's Parties festival that he curated in March 2012 in Minehead, England. Schneider announced in May 2012 that The Apples in Stereo had begun work on a new album, described as being "a very, very different sort of album." In recent years, Schneider has explored a number of experimental music projects, such as the Teletron mind-controlled synthesizer and Non-Pythagorean scale of his own invention. The death of Bill Doss, the band's keyboardist as well as the co-founder of fellow Elephant 6 band The Olivia Tremor Control, was announced on July 31, 2012. The cause of death was never officially announced,