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Inklings about the demise of venerable indie label Touch and Go have been floating around the blogosphere for the past few days, and today the situation became clearer: Time Out Chicago is reporting the record label, which has been operating out of Chicago since 1983, will fold its manufacturing and distribution wing, and carry on as a free-standing indie label.
Touch and Go released two albums yesterday: Mi Ami’s Watersports and Sholi’s debut self-titled LP.
According to a statement from label owner Corey Rusk, T&G will “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.”
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