14 Dec 2008
The Haçienda National Debt: £30,000,000 and Counting 
Over the years and through countless interviews with multiple players, various (and continuously escalating) numbers have been assigned to the debilitating debt of Factory Records storied (and long-gone) Haçienda club. Starting with a purported £1,000,000 loss bandied about following its closure in June of 1997, the "actual" number continues its slow yet-skyward march to permanent mythic status.

In a run-up interview to the publication of his forthcoming How Not to Run a Club book, Peter Hook reveals Haçienda debts infinitely more staggering than those previously acknowledged (or claimed). In a Haçienda world that seems to have more in common with Hollywood accounting practices than record labels & nightclubs, Hook now asserts that £20,000,000 profit + £10,000,000 loss = £30,000,000 debt.

Following on with this bizarre Fibonacci Sequence of ever-mounting debt history, we can fully expect a revised debt-load projection of £1 billion by the year 2012, and the retroactive blaming of the Haçienda for the current worldwide financial crisis.

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Biting Tongues

In the grey days of late 1970s post-punk Manchester, youth culture was a serious affair: every musical performance was measured mostly by the conviction of its delivery. The term 'New Wave' opened up free vistas where acquired skills could once again be exercised after punk's monochrome blur. It could be applied to anything from a James 'Blood' Ulmer record to the latest Throbbing Gristle release, Magazine to Swell Maps. Move outside that terrain into Sun Ra, Parliament, Frank Sinatra and Martin Denny, and your options were suddenly without limit...

Then came Tony Wilson's Factory Club (at the Russell Club in Hulme) offering an open invitation to experiment that was taken up when Ken Hollings, Howard Walmsley, Eddie Sherwood and a few others decided to make some noise to accompany their 16mm silent epic Biting Tongues. A further performance followed a few weeks later, when Colin Seddon and Graham Massey disbanded their Post Natals project and joined up. The film itself, a flashing series of negative images, became a memory; the name remained.

- extract from the LTM Biting Tongues biography

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