On August 29, Columbia Records will release Bob Dylan's new album Modern Times. One day earlier, the world premiere of his first album in five years will air on XM Radio. The broadcast is set for 12 midnight EST on Deep Tracks (XM 40), The Village (XM 15) and Hear Music (XM 75). Dylan's last release, 2001's "Love and Theft," debuted at Number 5 on the Billboard 200 to mark his highest entry on the chart since 1979's "Slow Train Coming."