Rhino Records no longer exists?

[child of nature]

I have it on good authority that Rhino as we know it does not exist anymore as of 5:00 PM PST. Fifty or more employees have been eliminated suddenly, including almost all the marketing, editorial and art departments.

This is absolutely devastating news. I am shocked and saddened, as I'm sure you all are, too. Any music lover will feel this way. I feel so badly for the people who have so lovingly curated music history, presenting us with exceptional releases over the years.

I won't be on to discuss this further, but I felt it was necessary to let you know.