On Mon, 21 Mar 1994, Roy Badami wrote:
quoted 10 lines Wax Trax went bust. TVT licenced their back catalogue....>
> > Wax Trax went bust. TVT licenced their back catalogue....
> >
> > Really? The latest KMFDM (this year) is on Wax Trax.. must have been
> > pretty recent..
>
> Hmmm. Maybe I'm mistaken, and TVT actually bought out Wax Trax, then.
> Or maybe they just bought the name....
>
> Cosmic
I think what happened is that WAx Trax grew very fast, but many of their
acts went to major labels and Wax Trax needed money fast to make up for
lost income of those bands. So, they licensed much of their catalog to
TVT. Wax Trax is still a viable label, but are back where they were several
years ago--trying to break new bands.
stu 8)