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Time Out Chicago is reporting that Chicago-based Touch & Go Records will officially be calling it quits today, and turn into a catalog house. This saddens us, but between the label's sparse release schedule and recent staff cutback, we can't say we're shocked by the possibility. At least they got to throw a hell of a party before calling it a day!
UPDATE: Greg Kot clarifies the story. T&G isn't going totally away, but it is cutting ties with most of the labels it works with while cutting even more of its staff. No word yet on which T&G / Quarterstick artists will remain active on either label though...
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negative approach + necros
Sad news for Chicago and the music community at large. Touch and Go has released/distributed a large part of my record collection dating back to my high school days in the late 80's. I am truly bummed.
I can't decide which is worse reporting... Timeout for publishing half truths and fiction or Chicagoist for retelling those half truths and fiction. Come on guys and girls! HOLY CRAP, there is a world of information a freaking phone call or email message away... DO A LITTLE TINY BIT OF WORK TO GET THE STORY RIGHT BEFORE YOU POST! Otherwise you are just as dumb as a game of telephone...
Neither was poor reporting. TOC was working on info from a source and we were doing the same. As soon as Rusk broke his silence -- note he was asked for comment by TOC in the first place -- we posted the updated details.
I'd also like to point out that we credited the sources of our info, and posted correct information as it became available, a protocol seemingly abandoned by 90% of the other sites discussing this story ... and I am personally flabbergasted at sites that posted Rusk's statement and then still went on to report the label was shutting down!
It's also worth noting that Billboard is quoting sources within the company offering a different take on the reality of the situation than Rusk's statement would imply: http://www.billboard.biz/bbbiz/content_display/industry/e3i81e87508e923955f9924f3c08c6a79d2
Tankboy, your original post AND your explanation are both basically saying "some dude told us this so we posted it". T&G is, was, and will always be Corey Rusk... not some bong-jockey in the warehouse. If you want the story FIRST BEFORE YOU POST, talk to Corey. He is literally a phone call away (a local call!).... not to mention probably less than a mile from where your butt cheeks rest. Corey's statement says nothing about the label 'calling it quits' and in fact implies the opposite. And if your defense is "well, our reporting is not as bad as Billboard's reporting", you may want to raise your standards.
You're still missing the point ... he was asked to comment and said he would release an official statement later, thus adding credence to Brent's original reporting.
And some days we do all original reporting, and some days we aggregate and comment on the news (and credit our sources).
Ha! After the poor reporting on Thax (7-17-09) I had to return to this to see again how poorly this was 'reported' on as well. Tankboy, it is YOU that misses the point. Statement or no statement from Corey, for you to post your so called 'facts' without verifying them was without question poor reporting as well as being inaccurate. You based your article on some dude who told you something that you were not able to verify... but you went ahead and posted it anyway. THAT SUCKS. THAT IS TERRIBLE REPORTING. Who cares if you credit your source if your source is talking out their anus?! It is up to you to do a little leg work and see if what the dude said holds water. You did not do this. You only waited until other (better?) news sources got the real story correct. That is super duper lame.