Two weeks ago we reported that Victory Records‘ entire catalog was pulled from Spotify over royalty disputes. This was one of the dramas surrounding the label in recent times, including their lawsuit against Streetlight Manifesto. The news on the street now is coming from Tony Brummel himself over at The International Business Times where he has announced that the label may have to start making cuts to its staff and bands if the internet streaming service does not restore its catalog.
“They are going to force me to drop artists and lay off staff”
“They are over 70 percent of our monthly digital sales, sorry to curse but in a few months — I am f—ed.”
Technically, for the last two weeks since this began, Victory Records has been without any income. The label has been in pursuit of their check and is requesting that the artists’ music be re-uploaded to Spotify with all the meta data and streaming info (including number of streams) untouched. We will be sure to keep you updated with details on this unravelling as they become more available.