Jason Newsted

Former bassist says spending spree period was "inevitable" and recalls how it ended.

Hetfield and Ulrich reflect on Newsted's exit and the appreciation they have for him now.

The sprawling property has some amazing views.

'I couldn't do the show anymore,' he says.

It appears no immediate future communication or interaction via social networking sites will be coming from Newsted.

Thirteen years after Jason Newsted left Metallica, the bassist is finally telling the story of why he left the band. For every Metallica fan, this is absolutely a must-see interview (watch above).

On August 25, 1988, Metallica released their fourth studio album and the first since the death of bassist Cliff Burton. '...And Justice for All' featured Jason Newsted on bass and some of the most complex 'Tallica tunes to date. Twenty-five years later, songs like 'One' and 'Harvester of Sorrow' still prove to be fan-favorites at live shows.

As the release date for their debut full-length draws near, Newsted have revealed the lyric video for the song 'Above All' (watch above). It's from their album 'Heavy Metal Music,' which will be unleashed Aug. 6.

With former Metallica members Dave Mustaine and Jason Newsted both on Gigantour this summer, there has been rampant speculation the two would jam an old-school Metallica song from the band's Mustaine era.

Former Metallica bassist Jason Newsted and his new band, Newsted, have just announced details of the band's first full-length album. Newsted's 'Heavy Metal Music' is set to be released everywhere on Aug. 6, with the album track 'Heroic Dose' now available for your listening pleasure.