Speculation rises as to the future of Def Jux Records. Was waiting for an official statement, but El P not denying it is pretty close.
update: El-P speaks, er, writes: Of Hooptys and Hovercrafts
In 2000 starting a traditional record label made a lot of sense. But now, in 2010, less so and I find myself yearning for something else to put my energy into. I also see newer, smarter, more interesting things on the horizon for the way art and commerce intersect, and as an artist and an entrepreneur, I’m eager to see them unfold.
woooooowwwww
[...] Jux Founder, Artistic Director and Recording Artist El-P released a statement to clear the rumors of the future of the indie [...]