if greendays withdrawl was the reason lookout went bankrupt then they (lookout) did some serious screwups with their accounting. think about it. for every album greenday sold on lookout, the band gets a small percentage of that, the record company gets a bigger percentage. there should be no reason a label shouldnt have more funds than a band they are producing. If lookout ends up going belly up over this then i say good, before they end up screwing other bands on their label that dont have the opportunity to shop around in the majors like greenday does. An alternative to greenday saying "give me our money, the money you owe us, the money we deserve" they could of said "give me your label". then everyone would be bitching and complaining how greenday tookover lookout. Lookout screwed them, and probably many other bands on their label due to shoddy money management.
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