Tuesday, December 11, 2007

Is Geffen on the Way Out?

The Future of Geffen Records Is In Question: Sources are speculating about the future of Geffen Records who has housed artists including Guns N’ Roses, Nirvana, Sonic Youth, and Counting Crows. Although layoffs are imminent, one source within the organization pointed to a shutdown. Another source claims the Geffen imprint would continue to be associated with certain artists and releases, but the real action would be happening elsewhere.

So, the question is: Good news for Chinese Democracy or bad?

SOURCE: The Kings of A&R

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