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.

the fact that they wrote a song called american idiot when they are american is enough for me to hate them.

im not defending their music, ive never been a fan of greenday and ive never spent a penny on any of their music (unless you count the 1.00 in pennies we threw at them at the fair, which we snuck in to) Im just defending their decision to not allow lookout to continue to lose the royalties they deserve.

I still agree with hookers its a moral thing.

so its ok morally for a label to not pay a band if the band is successful?

Green day could bath in money they really dont need anymore lookout got them big they could let them keep the cash they really dont need it.

- unlike greenday, these other bands arent rolling in the money, and lookout still screwed them.

- doesnt sound greedy to me, or else they would of already sued the pants off of lookout (like DK did to jello and alt. tent), they just want their masters, which is more than reasonable because lookout is selling it, but not paying the artist....LAME.

Stop shi'tting your pants over something that won't change.

i think fenix has got it right....