It seems that after 24 years Lookout Records has officially called it quits. The news of Lookout's demise come from a blog post that Ted Leo posted in regards to his back catalog longer being available online digitally. Lookout Records was known for putting out Green Day's early releases as well as releases by Screeching Weasel, Operation Ivy and several others.For several years Lookout has faced financial trouble after losing the rights to several releases, most notably the early Green Day catalog.

To read more about the history of Lookout Records you can read an article from 2005 that greatly details the labels lengthy history.