Troubled Times for Troubled Music

With the exception of mainstream heavies such as Slipknot, Slayer, or Disturbed, metal music has seldom met with the success that would enable a musician to be so financially secure that economic crisis is no more of a worry than which cereal to eat for breakfast.
Today's society is still deeply mired in crisis and it has begun to hit the metal world as evidenced by a new turn of events in which German metal label SPV has reportedly submitted an application to commence the German equivalent of Chapter 11 bankruptcy protection.

“Normal business will continue even after the application for insolvency.” Manfred Schütz, managing partner, stated. This statement helps eliminate some fear as it shows that the label that has given us great bands like Kreator, Iced Earth, Metal Church, Nuclear Assault, Moonspell, Dio, Type O Negative, and Chthonic (among many others)has no plans on going an y where but up! This may be a tough 25th anniversary, but they plan on having many more!