From Punknews.org: “Due to concerns over unpaid royalties, Green Day has pulled their catalog from Lookout!. The long-running Berkeley-based label played host to both 1,039/Smoothed Out Slappy Hours and Kerplunk! for the past decade, and also reissued a remastered version of the former last year. As a result, six of the nine employees at the label have been laid off. Label president Chris Appelgren spoke to Punknews.org about the future for the label, explaining that despite the setback, Lookout! will continue, albeit in a scaled back form. Currently, no new releases are scheduled beyond the label DVD/CD samplers expected in September, with a focus on catalog titles after that. In 2006, Appelgren hopes to resume recording and producing new records.”
