[78-L] London riots impact on music business

[David Lennick]

http://www.huffingtonpost.com/2011/08/09/london-riot-independent-label_n_922009.html#s325530

Apparently the entire stock of several independent labels was destroyed.

London Riots: Independent Record Labels 'Devastated' By Fire

A Sony DADC building in north London has apparently been burned down as a 
result of the riots. The warehouse contains the stock for more than 150 record 
labels.

The building was the main headquarters for PIAS, the UK's largest distributor 
of indie music. PIAS wrote the following statement:

     There was a fire last night at the SonyDADC warehouse which services the 
physical distribution for PIAS in the UK and Ireland. PIAS is working closely 
with SonyDADC who are implementing their emergency plans. PIAS's UK offices in 
London and all other areas of our business are unaffected. More information 
will be communicated shortly to all our labels and partners.


Reactions from those in the indie music sector has been swift, and shocked.

Norman Records, who say PIAS is their largest supplier, reported the news on 
their Facebook.

"Dreadful news from the rioting in London last night," they wrote. "Many of the 
labels like 4AD, Domino, Warp, Rock Action, Matador etc will probably have had 
their UK stock destroyed. Obviously this will have a massive effect on the 
music industry (and us). Our thoughts go out to all of those who've lost their 
jobs and livelihoods from this. Only time will tell what the knock on effect 
will be..."

Musicians Alex Kapranos of Franz Ferdinand and James McMorrow tweeted about the 
fire.

"Thoughts go out to all the labels who have lost their stock in Pias fire," 
Kapranos wrote.

"Sony DADC burnt to the ground last night, PIAS holds it's record stock there, 
absolutely devastating potentially to so many indie labels," McMorrow tweeted.

The riots, which began on Aug. 6 in Tottenham, have seen multiple people 
injured, windows smashed, and buildings burned. Prime Minister David Cameron 
has said that 16,000 officers will be on the streets on Tuesday night in an 
effort to deal with the violence.

dl