Merch Company SCP Owes Millions


Chris Eggertsen, writing for Billboard:

Illinois-based merch company SCP owes more than $4 million to over 300 clients including Mitski and Brent Faiyaz after abruptly shutting down operations last week, according to internal documents obtained by Billboard. And with plans to file for chapter 7 bankruptcy on Friday, it’s unlikely those clients will ever recover all the money they’re owed. 

Some of SCP’s other clients included Father John Misty, Chappell Roan, T-Pain, Finneas, Brand New and Carly Rae Jepsen; record labels Loma Vista Recordings and Triple Crown Records; Pharrell Williams‘ Something in the Water music festival; and online content creators such as the Dungeons & Daddies podcast and YouTubers Team Edge.