Stolen Transmission, the boutique/vanity record label run by Sarah Lewitinn, aka Ultragrrrl the Most Irritating Music Columnist to Ever Write for Spin OMG YAY!!! and home to Seattle goth rockers Gym Class Heroes Schoolyard Heroes, has been dropped by its parent company, Island Def Jam Records.

Posteth Lewitinn on ye olde Blogge:

“Our departure from IDJ had nothing to do with the performance of our artists (we were a label focused on developing artists—an artform often not practiced in A&R). Our departure was due to restructuring. We’re still doing everything the same as before, for the most part. This is actually an incredibly liberating and exciting thing and I can’t explain how happy I am. We’re still supporting our bands because we’ve made a commitment to them and we love them.”

Sounds good and totally unbelievable.