"After a tremendously successful decade and a half-long relationship with Lookout Records, Green Day is taking
the reigns of their Lookout albums, "1039/Smoothed-Out Slappy Hours" and "Kerplunk" as well as their EPs "1000 Hours" and
"Slappy." There are no details as of yet as to what the band has planned for these great early releases but "1039/Smoothed..."
was already the subject of a successful remastered reissue in early 2004 and both albums are certified Gold.
Green
Day are an incredible force in music and Lookout Records is proud to have been their first home. Despite any rumors or conjecture
to the contrary, Lookout and Green Day's long relationship has always been based on trust, friendship and partnership and
those bonds remain shared between the label and the band now and into the future."
Laurence Livermore recently spoke of this situation.
"I don't know too many details, but I do
know the problem has been going on for a long time, and that Green Day has been more than patient. If anyone should be griping,
it should be me: I basically gave those Green Day records to the current Lookout owners, and they basically threw them away."