TVT Bloodbath
02/20/2008
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(Idolator) 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. [Idolator had a follow up story as well] TVT founder Steve Gottlieb refutes the rumors that his label is going the way of the dodo, saying that yesterday's staff-cutting will actaully make the label stronger - more on this story 
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