Members McCaughan and Ballance founded the successful independent record label Merge Records in 1989 as a way to release music from Superchunk and music created by friends, which has expanded to include artists from around the world and records reaching the top of the "Billboard" music charts. Superchunk released a string of full-length albums and compilations throughout the 1990s. After releasing their eighth studio album in 2001, the band went into a period of reduced activity. In 2010, the band released a new studio album, "Majesty Shredding", and followed it up in 2013 with their tenth studio album, "I Hate Music". Their eleventh studio album, "What a Time to Be Alive", was released on February 16, 2018.