Friday, March 05, 2004

LET ME BE YOUR FANTASY: Apparently facing declining CD sales and reluctant to figure out a place in the digital future, Fantasy Records is up for sale. The label, based in Berkeley, mainly offers back catalogue from the likes of Miles Davis, Creedence Clearwater Revival, John Coltrane and Theolonious Monk, although it has a small roster of current acts - Sonny Rollins and Jimmy Scott amongst them. The price is USD100 million - a lot more than Grand Royale, then - although Billboard figures they'll be lucky to get three quarters of that.

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