TVT Records calls it a day

by John Lucas on Feb 19, 2008 at 11:13 am

TVT Records, home to a range of artists including Lil Jon, the Ying Yang Twins, Ambulance Ltd, and the Polyphonic Spree, has fired most of its employees and, according to Billboard, is expected to file for Chapter 11 bankruptcy this week.

New Yorker Steve Gottlieb founded the label in 1985, and had early success with industrial and rock acts such as Nine Inch Nails, KMFDM, Psychic TV, and VNV Nation. In more recent years, TVT has become known as a leading hip-hop label, but has been embroiled in various legal battles.

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Motor
Feb 20, 2008 at 7:40 pm
Internet downloading is affecting the smaller labels. Soon there will only be a couple big companies controlling all the music.
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