Sign up for newsletter
 

Country Thunder Records folds

Monday, March 16, 2009 – Country Thunder Records, the home of Heartland, closed today, a victim of the stock market downturn.

"It's not a fun deal," said Herb Graham, who started the Nashville-based label. Graham cited the economy as the reason for the decision.

Heartland, who had a number one hit with I Loved Her First for Lofton Creek in 2006, never released an album for Country Thunder. Others on the label included Shawn Hammonds, Bluefield and Burns & Poe, a duo consisting of Keith Burns of Trick Pony fame and Michelle Poe, who once had a solo recording contract and played bass for Dierks Bentley.

"The biggest thing I was running this record label off my portfolio, which would be my dividends," he said. "My dividends were cut by about 85 percent on my stock. Also, I think the value (of my investment) is 69-70 percent is gone."

"I'm looking at it, and I'm thinking is it going to get worse?" Graham said. "Personally I feel it may have bottomed out, but if it don't, where do I drop the bleeding?"

"At this point, I just have to use my CDs (certificates of deposit) to run," he said.

He said he employed about 10 people for the label and laid off five. "I had a tremendous amount of money going out," Graham said. He said it was not an easy decision. "No. I'd been thinking about it."

"I really hated that I let people down and the company," he said. "You run a lot more with emotion in music."

"I'm really fortunate that my other businesses re holding up relatively well," he said. He said he owns nightclubs in Tennessee, Texas, Louisiana, New Mexico, Arizona, Kansas and Oklahoma.

Graham also managed Trick Pony and Billy Dean. He currently manages Rio Grand, who are on Curb Records. He owns a publishing company with seven writers.

More news for Heartland

CD reviews for Heartland

I Loved Her First CD review - I Loved Her First
Blending acoustic guitars, colorful traces of fiddle and Southern rock instrumentation augmented with little dabs of soul, Heartland's 11-song debut highlights snappy execution and catchy hooks galore. The Alabama-based ensemble consists of vocalist Jason Alberts, guitarists Craig Anderson and Mike Myerson, bassist Keith West, fiddler Chuck Crawford, and drummer Todd Anderson. Despite the presence of several guest musicians, their sound is appealingly lean and in-the-groove, especially on »»»
Editorial: Walking the talk – When names like Hank Williams, Johnny Cash, Waylon and the Hag are invoked, you're talking hard core country. These are the touchstones of country , the guys who made country music what it was and still is (or maybe can be). When these folks would sing about being down-and-out and the rough-and-tumble, they knew of what they were singing about. Fast forward a few years to the country singers of today. »»»
Concert Review: Brooks fires it up – Garth Brooks may have stood outside of country music by and large for 17 years, but he is jumping back in with both feet and more. Brooks released "Man Against Machine" in November, his first disc of original music in 13 years. Last fall, he launched a world tour, which is rolling out with multiple dates in multiple cities, sometimes... »»»
Concert Review: Reverend Horton Heat makes it look easy – Reverend Horton Heat has been going at it for three decades now. It hasn't always been easy, admitted Jim Heath, the singer and axe grinder for the Dallas-based psychobilly band. But Heath have been talking about making a go of it in the musical business, one presumes, because if talking about the music itself, his two band mates could have... »»»
Subscribe to Country News Digest Country News Digest      Follow Country Standard Time on twitter CST      Visit Country Standard Time on Facebook CST

Elsewhere in the news

Currently at the CST blogs

Brown becomes "In Style Again" Surely there is some irony in the title of Jim Ed Brown's new album - "In Style Again." At least it's a little ironic for his fans, for as far as they're concerned neither Brown nor his music have been out of style. His strong, mellow voice flows like liquid gold over and around any song he chooses to sing.... »»»
The "Beauty" of Price continues Before Ray Price died - just over one year ago, on Dec. 16, 2013 - he told his wife, Janie, that she would have to carry on his legacy by going out, promoting the album that he had just recorded, "Beauty Is...," and visiting with his legions of fans. He told me, Janie says, "you're gonna be the closest thing to me that people are going to want to reach out to."... »»»
Fullbright writes the "Songs" John Fullbright didn' grow up around musicians or like-minded songwriters in his little hometown of Bearden, Okla. You'd never know it, though, from his raw, stark, pure and honest songwriting that's drawn comparisons to Townes Van Zandt. His debut album, "From the Ground Up," was nominated for a 2013 Grammy as the Best Americana Album, catapulting him into the company of Bonnie Raitt, Mumford and Sons, The Lumineers and The Avett Brothers.... »»»
Fear & Saturday Night CD review - Fear & Saturday Night
Ryan Bingham's roughened voice gives added authenticity to the cowboy ballad "Island in the Sky" off his new "Saturday Night album." The project's title, "Saturday Night," suggests party music, but the accordion-colored "Adventures of You and Me" is one of only a few party anthems on this album. Even so, Bingham sure sounds happy singing to its Tex-Mex accordion groove.  »»»