The Rolling Stones unveil 'new' logo

It's come to this, has it? We're meant to be excited about a band issuing a tour logo?

According to Rolling Stone:

In honor of the occasion, the band asked artist Shepard Fairey to update their iconic tongue logo with a sleek new design.

If that was the brief, they should hold their money back, as all he appears to have done is paste the old logo in the middle of some horrible typography. It's the opposite of slick, surely?