Soft News, the NYC alt-folk project of Erik Laroi, is releasing a four-song EP of Everything But the Girl covers entitled The Only Way Out is Down. The four covers dramatically reimagine the originals, stripping away the sophistipop masters’ electronic arrangement in favor of a chamber instrumentation. Cello and violins abound on this release, and the instrumentalists’ mastery of dynamics lends a contemplative, melancholy air to the songs. The Only Way Out is Down is out today.