Are record rumors true?


Rumor has it that DCC has a new owner and is going to start making albums again. As stated it's a rumor to me. Anyone have any information on what if true? While we're at it, does anyone know why Classic Records stopped issuing Mercury Living Presence albums?
trebleclef
http://www.stevehoffman.tv/forums/showthread.php?s=d07a6351006b810e24fa33a31d488f47&threadid=125

KP
Hey Killer, couldn't ghet the site to work, why don't you enlighten us all instead?
trebleclef: here's what the related hyperlinked text sez:

DCC is NOT dead. The ownership of the company is being transferred, and it is taking a very, very long time. Lawyers and courts and depositions, blah, blah. Very frustrating for us music folks, but par for the course in the real world of takeovers, I guess. Anyway, when DCC gets its transplant and gets discharged from the hospital, I WILL TELL YOU. Anyway, there is no sense in updating the DCC website before the new owner gives his input. I know that the (possibly) new owner dislikes Forums. Oh oh. So, regarding the information on the DCC Forum, .....Holy Zoo is going to archive it for us.

-cfb
I also heard that Music Direct was taking over the old MoFi rights and re-releasing them. Any word on that rumor?

KP