Beer Metal Label Goes Broke, Starts Ponzi Scheme

witches brew

Blockheaded beer metal label Witches Brew is bankrupt from releasing beer metal and the owner’s bottom feeding A&R at German beer halls and rethrash bands’ MySpace pages. Many record labels are passion projects or Ponzi schemes. Witches Brew is openly the latter now. Their failure proves that experienced Hessians would rather buy actual beer and Obsessed by Cruelty reissues than sub-Little Caesar’s pizza thrash.

State of the Brewery address 2016. Despite having maintained a super positive attitude since our rebirth in 2013, the current state of Witches Brew is that the label is broke/bankrupt. Having invested nearly 90% of my job income into the label and in the end now being in debt over 7000 EUR, reality has hit me that it’s just not possible to keep going at the level I’ve been trying. Especially not in light of the fact that I will be jobless at the end of this month. I took a lot of chances, invested a lot of money in bands that in the end basically used me for a free ride. Disappointed is how I have felt in the last weeks. I’m NOT stopping the label, I’m just downsizing to a handful of bands and releases will be a few a year, because I’ll need to raise the money from sales in order to pay for the releases since my job money won’t be there anymore. I also have to get myself out of the damn debt somehow.

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