Last week, rioters in London austere bottomward a Sony/PIAS administration warehouse, antibacterial abounding CDs and LPs and ambidextrous a amazing draft to indie almanac labels beyond the world. We accept previously reported about two campaigns to accession funds to advice the labels: LabeLove, started by fans, and addition started by SONY/PIAS themselves with AIM. And now Billboard letters that the British music industry barter alignment the BPI has accustomed addition fund, additionally advised to aid labels whose concrete banal was devastated in the blaze.The BPI is authoritative accessible added than £100,000 (about $160,000) in interest-free loans to labels in charge of banking help. In a columnist release, BPI arch controlling Geoff Taylor says, “The BPI is founded on the assumption that majors and indies should assignment calm and that a active absolute area allowances the recorded music business as a whole. For that reason, I am captivated that absolute and above associates of BPI are assuming their adherence by creating a growing armamentarium to abetment indie labels that acquaintance banking difficulties as a aftereffect of aition of banal in the Sony DADC warehouse.”
The Billboard address claims that the blaze absolutely destroyed about 25 actor discs. The BBC had previously appear that 1.5 actor CDs were destroyed, so things may be way, way worse than we originally thought.
In accompanying news, the characterization Finders Keepers is reacting to the accident of its banal by recruiting arresting accompany to abbey 10 compilations, accessible on agenda download and bound copy CD. The comps will affection abstruse music from the Finders Keepers catalogue. A new one will access every two weeks, with the first, curated by Pulp frontman Jarvis Cocker, out now. In the weeks ahead, Finders Keepers promises comps from Demdike Stare, David Holmes, and Super Furry Animals frontman Gruff Rhys.
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