Dischord: Touch & Go Suspending Operations, Reorganizing

From today's Dischord newsletter:

News that Touch & Go Records has suspended label operations has been a blow to us at Dischord. We first met Corey Rusk in 1981, when he was in the Necros, and have worked closely with Touch and Go ever since. We have always looked to Corey and the wonderful people who have worked for him over the years as prime examples of good people doing good things. We may have developed different business models over time but we always considered them kindred spirits, partners in this shared musical community that they helped to create and sustain. We salute Touch & Go for all the great music they have released over the years and wish the label the very best as they reorganize.