Wednesday, February 18, 2009
– The fate of Montage Music Group, which includes The Road Hammers and Andy Griggs, remains up in the air, although the publishing branch of the company will remain operational.
"The management basically did an evaluation of the current business model, and I would be remiss that I didn't point out in these economically challenging times (that) they had to make a business decision," said Valerie Alexander, spokesperson for Hedgewood, a Missouri-based holding company that owns Montage, Wednesday. "There are parts of the business that may not remain open."
However, Alexander did not say that the record part would definitely close, and she was unsure about a timetable.
"Montage Publishing will remain operational," Alexander said. "Right now, they are just evaluating their options. I know there are rumors that they are closed, and everything is at this point is being discussed. This economy is making it very difficult for businesses to remain in their original form." She said the publishing arm of Montage has "been very successful."
"Nothing's been decided," Alexander said. "They have to do a reevaluation of the current business model period. "
Songwriters at Montage publishing are Trent Jeffcoat,
Bonnie Bishop, Tami Hinesh, Ben Cooper, Minnie Murphy and Porter Howell of Little Texas.
The music business has been in a downturn for years with CD sales down. Montage has not enjoyed any hit singles with a line-up that also includes Matt King and Ryan Shupe. Equity Music Group, which was started by Clint Black and others, recently folded.
Alexander refused to say if any personnel changes were made. Allen Butler heads the label. "That I cannot comment on. I'm not able to comment on the personnel situation."