For the past few years, the Connells' back catalog has been trapped in a hellish netherworld -- one in which it may as well not have existed at all. The Raleigh band's music has been unavailable in any form, not even digitally on iTunes, due to an odd set of circumstances. Their former label TVT Records put up its most valuable master tapes and copyrights (including the Connells catalog) as collateral for a $23.5 million loan. Then TVT defaulted on the loan and declared bankruptcy, leaving the music in limbo.
Prudential Securities wound up with the rights and had no idea what to do with them beyond trying to find a buyer, and i's been slow going. But there is finally light at the end of the tunnel. Bicycle Music Company has acquired the rights to the music in question, which also includes Nine Inch Nails' 1989 landmark "Pretty Hate Machine." And negotiations are underway to have the Connells catalog on the market again as soon as possible.
"We're actually talking to labels right now, trying to determine the best fit for distributin and marketing," says Steve Salm, Bicycle's vice president of business development. "Some regional North Carolina labels as well as some bigger independents elsewhere. It should be out in less than a year. We're working with the band to get it out there as fast as we can."

Good news: Dates are out for the upcoming 
