 The label went bankrupt in 1997 after the death of Waldner in 1995.In 1979 Veit Stauffer and Daniel Waldner founded RecRec Zürich in Switzerland, after suggestions from Chris Cutler that they establish a record distribution company similar to the British independent record label Recommended Records that Cutler had created the previous year.RecRec Music, RecRec's record label, was created by Waldner in 1983, and built up a roster of over 30 bands and musicians.