signed to Epitaph Records

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On January 27, 2015, the band announced that they had signed to Epitaph Records . Speaking on the decision to sign with Epitaph over Saddle Creek, Oberst stated “After years, it kind of soured a little bit and we happened to go our own way. I wish all of them the best, but we knew we weren’t gonna do it with them and we started talking about what label would make sense with our band, and what’s the label we respect, and can get it out there, and Epitaph was the very first one.” On April 7, They released the single “City on the Hill.” on YouTube and announced their second album Payola , their first album in thirteen years. It was later released on June 23, 2015. and was co-produced with Mike Mogis . The album contains the six tracks released since reforming as well as eight additional tracks.