Mis-Teeq's Fears As Record Label Goes Bust

Mis-Teeq's Fears As Record Label Goes Bust

Tags: Mis-Teeq - Victoria Beckham - Craig David - The Hives

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British R+B girl band Mis-Teeq are concerned about their future - after their record label TELSTAR fell into administration earlier this week (begs05APR04).

The CAN'T GET IT BACK band are currently signed to the same label that spent a staggering $2.16 million (GBP1.2 million) developing former SPICE GIRL Victoria Beckham's solo career - and is thought to be struggling with debts of around $15.3 million (GBP8.5 million).

But the singing trio have been inundated with offers.

An industry insider explains, "Mis-Teeq are one of the hottest girl bands in Britain at the moment.

"They have got a unique sound and have had a string of top ten hits, so most big labels would jump at the chance to sign them up - and several have already expressed an interest."

The record label also handles soul star Craig David and Swedish rockers The Hives.

The source adds, "It's early days, but I gather there are already some offers on the table."

08/04/2004 14:50

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