I don't think I ever bought anything on that label , except maybe The Smugglers and The Go - Nuts , maybe a Hi-Fives CD I played twice , but I don't like seeing any independent (As Oppsed to "INDIE!". Indie Rock is neither.) label go down for the count.
There were many reasons , I'm sure , but people not supporting their local record stores , and the bands they claim to like , by not buying their releases , does'nt help.
Labels were struggling before the internet , too. I understand if people can't afford to buy records , CDs ,etc . , but if others can afford every new idiot device under the sun , I THINK they can spend 8 to 10 dollars on an LP once in a while. Or $15 for a CD (OF COURSE , CDs SHOULD HAVE BEEN MARKED DOWN TO $11 OR LESS , years ago. At least on your Majors and larger Indies , who can EAT money at this point. ).