Well it's not completely sad, just about 90% of it. One of my favorite punk groups, Children 18:3, is indeed quitting. The band's contract with Tooth and Nail is done, but before they are as well, they're making a new indie album launched on Kickstarter. See the video and quote from them below.
"We need your help to partner with us as we record our final album. We want to make the album of our life. We have so much to say on this record and for this one, we have no boundaries to make a label happy because you are the label! Our time at Tooth and Nail has come to an end and we have so many amazing stories and memories from our time there. Instead of signing with another label and starting the machine up again, we, along with our management team at Triad Music, feel it's time to pour our hearts out like never before and to do that, we need you. The fans.
Have no doubt, this will be the most rockin and better yet honest Children 18:3 album we've ever recorded. The world needs honesty. The world needs hope. The world needs amps turned to 11!
We are shooting for a financial goal of $25,000. This will cover the recording, mixing and mastering of our final album. Anything over that set goal will be used for videos, publicity or anything else we can do to continue reaching the world and giving you, the fans special access to everything Children 18:3.
You have been there for us since 1999 and we want to give you the absolute best album of our lives. Thank you for checking this out and we cannot wait to partner with you! Thank you for so many great years and we are blessed to partner with you in our final chapter of what is Children 18:3!"