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Beastie Boys Close Grand Royal Record Label
The Beastie Boys’ Grand Royal record label shut down Friday, citing “mounting debts, decreasing assets and exceedingly harsh industry conditions.” Home to highly praised rockers At the Drive-In and Luscious Jackson – both of whom have broken up – Grand Royal was one of the most popular artist-owned labels of the last decade. “This is one of the most difficult decisions we’ve ever had to make,” Beastie Boy Mike D, who took over operations as his bandmates got involved in other projects, said in a statement. “Over the years the Grand Royal family had grown to include some of the… Read more »