Last night, the New York-based label TVT Records
fired the bulk of its staff, and it's expected to file for Chapter 11 bankruptcy protection later this week. TVT, which started in 1985 as a label devoted to bringing the television themes of yore together on the
Television's Greatest Hits compilations, had a
roster of artists that at one time included Nine Inch Nails, and currently includes the Polyphonic Spree, Lil Jon, and the Ying Yang Twins. Trouble has been brewing at the label for a while: In 2005 Lil Jon had a public spat with label president Steve Gottlieb (although the two have since reunited, and TVT was supposed to release his forthcoming album
Crunk Rock sometime soon), and a few weeks ago, another member of the label's roster, Pitbull, told his fans that they should download, and not buy, his recent album
The Boatlift because Gottlieb
didn't deserve to profit from his work:
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