What The Fats Wreck Chords And Hopeless Data Deal Means

Two of essentially the most well-known unbiased punk labels are coming collectively.

In a press launch issued earlier right this moment (July 9), it was revealed that Hopeless Data might be buying the Fats Wreck Chords catalog. Monetary particulars across the sale weren’t accessible on the time of the discharge.

What Occurs To Artists On Fats?

The Fats Wreck Chords label is most carefully related to longtime punk acts akin to NOFX, Lagwagon and Face To Face. Extra lately, the label has put out notable releases from folks punk act Days N Daze and genre-bending punk trio MakeWar.

It seems to be like that Fats roster will cease there as a part of the cope with Hopeless. The labels mentioned of their announcement that Fats has requested that no new signings be made beneath the label, “making certain all focus and assets keep on its current roster.”

To hammer house that time, three releases from notable Fats acts are on the best way:

• Unhealthy Cop Unhealthy Cop, Lighten Up (first new album in 5 years)
• NOFX, A to H (first in a three-part archival sequence of unreleased and uncommon recordings)
• String Out, Exile in Oblivion (twentieth anniversary version)

How The Deal Wipes Out Band Debt

One different notable side of the deal associated to bands on Fats is how excellent balances are being dealt with.

In response to the press launch, “all unrecouped balances for at present signed Fats artists might be zeroed out. No string, no nice print, only a clear slate for each signed band that is helped form the label.”

Fats Wreck Chords was fashioned in 1990 by NOFX’s Fat Mike Burkett and his spouse on the time, Erin Kelly-Burkett. The 2 will proceed to personal the Fats Wreck Chords title, brand, and trademark with plans to “signify the label by festivals and pop-up retailers.

Hopeless Data was created in 1993 and has launched titles from notable artists together with Avenged Sevenfold, All Time Low, Taking Again Sunday, and Sum 41.