Shocking news, this; Goldie Lookin Chain have been dropped from their label Atlantic Records following disappointing record sales. Apparently their second album has only sold around 90,000 copies, compared to the success of debut 'Greatest Hits', which sold 210,000 back in 2004. Which is mental, because the second album is just as good, if not better, than the first.
Anyway, manager Conal Dodds called the label's decision "short-sighted" and revealed that the collective have plans to set up their own label, and hope to buy the rights to the second album from Atlantic then re-release it. "From our point of view, it doesn't make any odds," he said. "If anything, we have more freedom to do what we want to do now".
Dodds implied existing frustrations with the major label, referring to what had happened while GLC member Maggot was in the Celebrity Big Brother house: "We were frustrated when Maggot was in the Big Brother house because we wanted to put out the single Maggot at Midnight but because the MD of the label was on holidays nobody could make a decision."
He continued: "The second album hasn't sold as well as the first and that is the reason they don't want to continue with us, but we are probably in a stronger position than ever. We've just done our most successful UK tour and the boys are earning more money than they've ever earned. The label just lost their bottle with the band. The Goldie Lookin' Chain are going to be around for a long time. I fully expect in two years' time, they will try to re-sign us. Unfortunately the label we are on would prefer to spend money on James Blunt - work that one out."
He added that the group are planning a comedy feature film, saying: "It's not going to be another Spiceworld. It's a comedy the band have written and a major distributor has picked up on it and we are hoping to go into production in August and put it on cinema release next March or April."
So don't panic, Chain-fans. They'll survive - you knows it.