SPV is toast?

Well, shit. Apparently SPV’s business model, i.e., sign bands after their prime, isn’t working out so hot for them! Hopefully they’ll make it out of the German equivalent of chapter 11 just fine, but I somehow doubt it. These guys need to sign new bands, and I think it’s a sign of weak A&R that they’re not doing so. Of course, maybe that’s just me. But who cares about so many of the bands that they’ve signed recently? OK, MAYBE Iced Earth, POSSIBLY Type O Negative.. but honestly, in the world of metal signing to SPV is basically the equivalent of VH1 making a Behind the Music about you: you’re toast.