Monday, February 23, 2009

Touch and Go's cutbacks leave independent music labels reeling

The Chicago Tribune just posted a great piece on Touch and go. Read the full piece HERE.

Touch and Go's cutbacks leave independent music labels reeling

Owners say they will have to scale back operations to survive; others unsure if they will be able to make it

"As recently as 2006, Chicago's Touch and Go was enjoying one of the most profitable years in its 28-year history.

Spin forward to last Monday, when employees learned the company was pulling the plug on record production and distribution for 23 independent music labels, putting some of those companies' futures in question. "

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