TVT: They Owe A Lot Of People A Lot Of Money

May 7th, 2008 // 10 Comments

Which is why you should check out the bankruptcy-protected label’s list of unsecured creditors, just to make sure that you aren’t on it. For those of you who are pretty sure that you don’t need cash from TeeVeeToons, Inc., there’s still good reading to be had: The label owes $26,883.50 to SoundScan, and $1,300 to the now-defunct Harp, Also, their accounts payable department has apparently neglected to send a $945.46 check to Chad Kroeger for some time, and I for one would love to know why. [scribd via Coolfer]

  1. Lucas Jensen

    They owed Usher and Ludacris $100k! How’s Luda gonna keep those hos fed?

  2. Barry White Stripes, Office LW

    Wow…pretty much everyone is on that list! Fun read!

  3. Anonymous

    The ghost of Aaron Spelling will haunt them until he gets his 86 cents.

  4. Mike P.

    Brandon Frazier?

  5. Anonymous

    Jesus, if I owed Pastor Troy $4500, I’d be hiding in Bin Laden’s cave.

  6. Anonymous

    Scratch that, if I owed Trick Daddy 4.5 MILLION DOLLARS, I’d be hiding in Bin Laden’s cave. T double D is not a man to be fucked with.

  7. drjayphd

    Also, their accounts payable department has apparently neglected to send a $945.46 check to Chad Kroeger for some time, and I for one would love to know why.

    Well, who else was going to provide entertainment at the office holiday party?

  8. Bob F.

    They owe Nina Hagen $88? That’s the most media attention she’s had in decades.

    And who knew Wax Trax still existed?

  9. Anonymous

    Everybody seems to have missed that they owe the Harry Fox Agency $7.3 MILLION. That essentially means that they haven’t paid royalties to the writers of any song on any CD they’ve released, like, ever.

  10. Anonymous

    Don’t forget that TVT also put up most of its early catalog – NIN, The Connells and others as collateral for a personal loan. When they inevitably defaulted, Prudential Investments took control of the masters. Needless to say The Connells, and others can’t license their songs to Itunes, or for any world-wide commercial use. Hopefully a label will step up to the plate, and help them get some tracks back out there. GD TVT…

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