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Factory R.I.P.

Paul Lester, Melody Maker, 5 December 1992

FACTORY RECORDS, arguably the most influential record label of the Eighties, fell into the hands of the Receiver last week — after months of speculation that it would be rescued by Polygram's London Records. Factory was long known to have been in financial difficulty. The Manchester label's cash-flow problems were said to have been exacerbated by two of its own bands, New Order and Happy Mondays, who both failed to finish their latest albums according to schedule.

Total word count of piece: 1846


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