noah | February 19, 2008 3:45 am

TVT founder Steve Gottlieb refutes the rumors that his label is going the way of the dodo, saying that yesterday’s staff-cutting will actaully make the label stronger: “We have been an agent of change, most notably fighting for respect for independents when most major media and trade outlets minimized their role, and fighting for industry change in the digital arena whether in our breaking ranks and settling with Napster in 2001, or in numerous other initiatives. I am optimistic that the company’s independent spirit, history of innovation and willingness to pioneer new music and new business models are more valuable in this marketplace than ever before and that we will emerge from this reorganization a stronger more vibrant entity.” Also, he claims that the company’s going to continue promoting Pitbull’s album, although if you ask the Miami rapper what “continue” means you’ll probably get an answer that involves the words “jack” and “shit.” [Hits]