MGMT, the American rock band known for their psychedelic sound, achieved significant acclaim with the release of their debut album, "Oracular Spectacular," in 2007, which featured popular hits such as "Electric Feel" and "Time to Pretend." Following this, their sophomore album, "Congratulations," was released in 2010, showing a significant shift in their musical direction towards more experimental sounds. By the time of the live recording referenced, MGMT had been touring extensively and evolving their musical style, which reflected their artistic progression. The recording likely falls into a period where they were promoting their self-titled third album released in 2018, highlighting their continued experimentation and shifting audience engagement. Interestingly, MGMT is known for their anti-commercial sentiment, and their live performances often emphasize their departure from mainstream pop, which adds depth to their artistic narrative during this dynamic phase of their career.