Aspiring media moguls take note: Sympathy For the Record Industry is for sale. From the post at The Daily Swarm:

Sympathy for the Record Industry, the 18-year old Long Beach, CA-based record label that released the first records by the White Stripes and Hole, is for sale by owner and self-described “anti-mogul” Long Gone John. In an announcement posted on his personal MySpace page this morning, John offered up the label’s entire assets – including master tapes, existing stock, distribution deals, website, and mail-order business – for $650,000 (or, as he said this afternoon, $700,000 if he doesn’t like the buyer). The catalog includes more than 750 releases from 550 artists, including Scarling., Miss Derringer, The Muffs, Buck, The (International) Noise Conspiracy, The Von Bondies, Rocket From the Crypt, Billy Childish, Turbonegro, April March, The Dwarves, Suicide, The Gun Club, Inger Lorre and Motel Shootout, Man or Astro-man? and Redd Kross.

Check out SFTRI online at sympathyrecords.com

Hat tip to Maiko!