Earlier this year, BSI's hiphop subsidiary, One Drop, which released Onry Ozzborn's CDs, folded, and so the news of its parent's demise was not entirely a surprise. There are several reasons for the closing, the main one being the collapse of an important European distributor, France's Limonade. "It went under," explains Ereckson, "taking a bunch of our money with them. Also, a couple distributors in Europe dropped us; they weren't making enough money and had to consolidate. The market sucks in Europe--no one is buying records."
When asked about the future of BSI's house band, Systemwide, Ereckson answers, "It is going to transform it into a production team rather than a touring band. We're tired of going around in a tour bus." As for the future of their world-class catalog, "Nail Distribution will be handling it for the next several months, but our web store [bsi-records.com] goes down end of the year, so if you want to buy stuff do it now."