Are record rumors true?


Rumor has it that DCC has a new owner and is going to start making albums again. As stated it's a rumor to me. Anyone have any information on what if true? While we're at it, does anyone know why Classic Records stopped issuing Mercury Living Presence albums?
trebleclef
Hey Killer, couldn't ghet the site to work, why don't you enlighten us all instead?
trebleclef: here's what the related hyperlinked text sez:

DCC is NOT dead. The ownership of the company is being transferred, and it is taking a very, very long time. Lawyers and courts and depositions, blah, blah. Very frustrating for us music folks, but par for the course in the real world of takeovers, I guess. Anyway, when DCC gets its transplant and gets discharged from the hospital, I WILL TELL YOU. Anyway, there is no sense in updating the DCC website before the new owner gives his input. I know that the (possibly) new owner dislikes Forums. Oh oh. So, regarding the information on the DCC Forum, .....Holy Zoo is going to archive it for us.

-cfb
I also heard that Music Direct was taking over the old MoFi rights and re-releasing them. Any word on that rumor?

KP