Though it's not completely shutting down shop, influential Chicago label Touch and Go has confirmed it will shut down its distribution arm.
Started in 1980 by Corey Rusk, the label has been home to countless acts, from Jesus Lizard and Slint to Blonde Redhead, !!!, and TV on the Radio. It has also become a known distributor of other independent labels like Drag City, Merge, Suicide Squeeze, and Jade Tree.
Citing the economic downturn as the reason for the decision, the label stated, in a press release this morning, "We can no longer afford to continue this lesser known, yet important part of Touch and Go’s operations. Over the years, these labels have become part of our family, and it pains us to see them go. We wish them all the very best and we will be doing everything we can to help make the transition as easy as possible."
This won't be the complete end of T&G, as the label itself will be "returning to its roots and focusing solely on being an independent record label."