[2] The label, which started as a record store and later expanded into a record label, was founded by Michael Meister and Susan Farrell.
[3] Texas Hotel was voted Hot Record Label of the year by Rolling Stone in 1989.
At the time, it was planning to release a solo album by Michael Stipe, and the band Poi Dog Pondering, which was signed to the label, had attracted attention.
However, Stipe's solo album was not released, and Poi Dog Pondering moved to Columbia Records, without major success.
[4] In Rolling Stone's 1000th issue, published in May 2006, Texas Hotel's subsequent lack of success was pointed out, as well as the fact that no Wikipedia article existed for the label at the time.