Hydra Head has issued a lengthy blog post detailing their future plans and some sales to help fund the label's continuance.
Rather than summarize their words, here's an excerpt that speaks for itself.
We've arrived at the conclusion that it is no longer possible for us to continue releasing new albums, but rather than shut the label down completely, we're hoping to be able to continue in a capacity that would allow us to preserve and perpetuate our catalog of works by the large cast of truly amazing and groundbreaking artists we've been lucky enough to work with over the years. In order to do this we're asking for help from anyone and everyone that would like to see the label continue and who is willing to support us in this effort. This is not however a request for charity - we would like to offer something in exchange for whatever level of funding our potential benefactors (that is you), are willing to bestow upon us.
For a full listing of special releases and pieces of art that are available to help fund the label, click here.
