Our friend Virgil of Suburban Home Records recently posted a lengthy update on the future status of his record label, his online CD store, and his online vinyl shop at his IndieHQ.com blog. Below is a snippet of the posting:

As word spreads about things phasing down at Suburban Home, I figured that there might be people who would think that Suburban Home was about to close shop. One reason I wanted to write this rather lengthy explanation of the circumstances around Suburban Home was to clarify what is going on. Suburban Home has no plans to close up shop. We plan to continue to release records by bands we love, and we actually have a few new artists working on releases for us right now that we will soon announce. The move from our office to my house, and the unfortunate decision to cut staff, will help Suburban Home to survive financial disaster. We will be phasing out Dead Format all together as we are having the hardest time trying to sell CDs.

Over the next couple of months, we will be making the transition for yet another move. That will mean a lot of crazy sales, giveaways, a garage sale, and eventually packing. If there is anything you can do to help us throughout all of this, please consider picking up one of our many lot sales. If we can sell enough of them, that will make our move that much easier. And if there is anything I hope that people take away from all of this, if there is a band or a label that you love, please consider purchasing a CD or digital album and consider doing so through independent channels. The price of free music (file-sharing and copying) has a much bigger cost than you might think. I am sure we are not the only label struggling in an industry attempting to sell products people actively get for free.

For the entire post, please visit Indie HQ. Among Suburban Home’s recent releases are the latest LOVE ME DESTROYER album, the TIM BARRY solo disc, and the re-issue of DRAG THE RIVER’s Closed.

MORE: I (Jordan) sent some follow-up questions to Virgil after reading his announcement today.

Pastepunk: How will this affect your distributed labels, if at all?

Virgil: It won’t affect it much. We will still work with the handful of labels that we work with and as far as the ones that are actually active, there are only a few. Much of the work on the distribution side of things are handled by Navarre. I will continue to work with those labels and not much will change. We have no plans to pick up new labels though.

Pastepunk: In terms of an online store to sell SH releases on CD, will that exist or will that be left to the Interpunks, and various digital outlets? Will there just be a Suburban Home online store?

Virgil: I love dealing directly with the fans of our music and as much as Interpunk is a great partner for us, we want to be offer the lowest price for someone who wants to buy a CD or LP directly. What will most likely happen is some sort of Suburban Home / Vinyl Collective store. I love mailorder and hope to be able to keep up with mailorder for as long as I run the company. I would not trade the personal connection with fans for anything.

Pastepunk: Where the hell are you going to store everything in your “suburban home?”

Virgil: We have one storage space because we moved into an office with less storage space. We have a really big crawl space (that you can stand up in) and that will store more of the CDs. One reason we are having these crazy sales like the 25 cds for 25 dollars and so on is to clear out boxes so that there are less things to move.