Econ Crunch

Touch and Go Records, founded in late 1980 and a beacon of independent music worldwide, are trimming the fat by no longer providing manufacturing and distribution services for many other labels such as Atavistic, Drag City, Kill Rock Stars and Merge. What this exactly means for the smaller labels is currently unclear, but one can surmise that it’s not really the best time to shop around for replacement services.

As for Touch and Go?

“Touch and Go will be returning to its roots and focusing solely on being an independent record label. We’ll be busy for a few months working closely with the departing labels and scaling our company to an appropriate smaller size after their departure. It is the end of a grand chapter in Touch and Go’s history, but we also know that good things can come from new beginnings.”

Full Touch and Go statement and article over at the Chicago Tribune.