Exciting news from Switzerland: during his appearance at Locarno Film Festival, where he's set to receive the Pardo d'Onore for career achievement, director Todd Haynes told Variety that he's currently working on a documentary about the Velvet Underground. The project will "rely certainly on [Andy] Warhol films but also a rich culture of experimental film, a vernacular we have lost and we don’t have, [and that] we increasingly get further removed from," he says.

"They’re the most influential of bands – as Brian Eno said, everybody who bought Velvet Underground & Nico] started a band," Haynes added. "Their influence has nothing to do with sales or visibility or the ways we portion ideas of success."

Haynes also discussed the lack of documentation on the group, saying that he is looking forward to "the thrill of the research and visual assemblage" and "getting in deep to the resources and material and stock and archival footage and the actual cinema and experimental work."

Todd Haynes directed Velvet Goldmine in 1998, a Citizen Kane-based tale of the Glam Rock years, and in which Curt Wild's character (played by Ewan McGregor) draws inspiration from the lives and careers of both Iggy Pop and Lou Reed.