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The career-furthering act of forming an amazing new band which will hopefully match or surpass the band from which you have for whatever reason left. Can also be used to describe forming a side project which makes your usual band look sucky. Named for Steve "Beanie" Hewitt who is one person notable for this stunt.
1. Have you seen their MySpace? That one's pulling a Beanie.
2. Their EP is already better than her old band's album - she pulled a Beanie.
When you speak in a Italian accent and say WATCHU doin?!!!!
I was pulling a beanie on derpferdlers stream.