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V2 Now V0

01/15/07
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(Reuters) Indie record label V2 North America, home to such acts as the White Stripes, Moby and the Raconteurs, laid off its staff Friday and will primarily become a catalog label.

The label's parent company, Sheridan Square, also plans to focus on digital distribution. About 35 people, including president Andy Gershon, are believed to have lost their jobs as part of the restructuring.[see full story for more] - Click here for the Full Story

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