[78-L] London riots impact on music business

[Julian Vein]

On 10/08/11 17:01, David Lennick wrote:
> 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
>
> _______________________________________________
>
Well, if they hadn't burned it down, they would've stripped it of stock 
anyway! I'm sure the stock can be eventually replaced. I had a message 
from Network DVD who do mainly old TV series, saying that it wouldn't 
have a serious effect on their distribution because their assets (master 
copies) were kept elsewhere.

What chemicals do burning LPs, CDs and DVDs produce!

      Julian Vein

       Julian Vein