Capitol supposedly setting loose more musical free agents

Where'd you hear this rumor about Capitol's building becoming condos?? No way could that happen - I used to talk to someone at Capitol and he's mentioned that they got the occasional bomb threat because that building was so famous. They couldn't possibly make that a living space.

I remember coming across the rumor in various places like the Weekly and the Times.

The Vines I think still sell fairly well although not nearly what they did with their first album. I really dislike their music though so I wouldn't sign them.

I heard that those rumours were addressed and flatly denied. But it was definitely around.

I'd take the Dandies. Come Down and 13 Tales are really solid albums. Their last couple has been more hit and miss.

I'd be horrified if the condo rumor was true. L.A.'s been gradually turning into a giant upscale living space.Oh, and even though their time's probably close to over, I'd take the Shout Out Louds. It'd be like pretending I own a little piece of Sweden.

The building is not being turned into condos. Capitol is selling the building but will be taking out something like a 30 year lease from the new owners. I would take the Shout Out Louds and the Dandy's........not b/c i think it would be a wise investment but just because I like them!

[...] Brooklyn Vegan reports news from an “anonymous yet reputable tipster” that, as part of the ongoing Virgin/Capitol merger negotiations, Astralwerks, who has agreements with both labels, may be scaling down their roster. The post claims that Sparklehorse is definitely out, and goes on to speculate that Astralwerks probably won’t keep any of its American acts. Here’s to hoping the news of getting axed doesn’t hit Mark Linkous too hard.            [...]