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Thursday, August 04, 2005

Lookout! Tanks

You'd think Lookout Records would be perpetually swimming in da dough from sales of old Green Day records. Guess not since they're going under. That's too bad. They were a fun label. Yes, I label labels.

Wasn't there a scandal years back involving label founder Larry Livermore? One that was so horrible it was never written about directly?

The Lookout message board speaks!:

What sort of respectable thing is lookout to do other than praise Green Day for putting up with their bulls--t. Numerous bands have had to leave Lookout for this. Green Day should have dumped lookout years a go, but they new it would leave the label in shambles. Thank Green Day for giving lookout as many chances as they did. And criticize lookout for signing garbage bands and putting out albums with green day's money for the last 5 or 10 years.

2 Comments:

Blogger Richard said...

Good lord, I would've assumed that Green Day's back catalogue had them all lighting their Maduro's with $100 bills. You couldn't have asked for a more solid base. I wonder how they managed to run it into the ground?

3:52 PM

 
Blogger Emerson said...

Most small record labels lose money. I imagine a lot of them were hoping to sign their own Green Day of some kind. I imagine Lookout was throwing good money after bad for too long.

5:41 PM

 

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