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ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 9:38 am
by Riddles
http://www.factmag.com/2014/07/17/st-ho ... e-trading/

So after scaling back it looks like ST Holdings have gone under.

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 9:51 am
by Be-1ne
Always happens to any distributor that begins to have a monopoly on certain genres.

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 10:05 am
by topmo3
:/

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 10:21 am
by Be-1ne
Rah, Surus is now offline. Fookin glad I backed up my Auxiliary releases the other day. :)

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 10:30 am
by Riddles
glad i got my download of the new innamind before it went down

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 10:54 am
by Marcus
Quite a big hit, I hope the labels find another way to distribute their music.

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 11:06 am
by RKM
well that's peak

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 11:28 am
by RKM
i hope your eyes ep is on it's way already..

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 11:39 am
by Marcus
Surus is back up.
RKM wrote:i hope your eyes ep is on it's way already..
My copy got shipped on Tuesday.

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 12:52 pm
by Riddles
Marcus wrote:Surus is back up.
RKM wrote:i hope your eyes ep is on it's way already..
My copy got shipped on Tuesday.
got mine about 9.30 this morning. got the shipping confirmation about 11.30 this morning :lol:

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 12:59 pm
by phrex
this gone wild.
so why exactly did it happen? i doubt it's because of the mentality.

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 1:35 pm
by RKM
can we assume that when they decided to focus on core labels they liked this probably meant they cut all but the most profitable and that wasn't enough to keep them afloat

i'm still a bit emosh over chemical

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 2:07 pm
by chekov
what labels did they cut back on a few months back?

did they just stick with dnb for the most part?

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 3:22 pm
by Marcus
chekov wrote:what labels did they cut back on a few months back?
They cut most of labels,from over 170 to 30 and most haven't really been confirmed. http://www.residentadvisor.net/news.aspx?id=24721
did they just stick with dnb for the most part?
Nope, they had been cutting back on a lot of DNB labels over the years in favour of "bass music".

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 5:41 pm
by No_Long_Ting
What actually happened is pretty simple the business was owned by two brothers Andrew and Chris Parkinson, Chris left some time ago and was really the man behind the music side and Andrew was the money man. The staff that were there had worked there for a while and could hold it down but recently a few staff members left and replacements could not be found, its that simple they were making money and ran a tight ship but without the staff you simply can not run a business. The idea was to scale it down but when ST dropped so many labels some of the ones they kept on left and the decision was made to close.

Re: ST Holdings to Cease Trading

Posted: Thu Jul 17, 2014 9:17 pm
by Muncey
^ won't believe that based on a random post online but it sounds plausible. I did think when they cut it back to 30 saying it'll be "returning to its roots" that they wouldn't drop Deep Medi, too much £$£. Its quite nice seeing people do their own thing again, doing the whole package themselves. Even if it means only 2/3 self released releases come out a year, its nice to see people starting at the bottom and working their way up. Beneaths self released stuff, which has now branched into another label, is a great example of this. Just shows you don't have to do all this professional shit, SURUS EXCLUSIVES, just get some whites pressed up and sell em on a shitty bandcamp page or via email or something.

#underground

Re: ST Holdings to Cease Trading

Posted: Fri Jul 18, 2014 12:20 am
by Func
Muncey wrote:^ won't believe that based on a random post online but it sounds plausible. I did think when they cut it back to 30 saying it'll be "returning to its roots" that they wouldn't drop Deep Medi, too much £$£. Its quite nice seeing people do their own thing again, doing the whole package themselves. Even if it means only 2/3 self released releases come out a year, its nice to see people starting at the bottom and working their way up. Beneaths self released stuff, which has now branched into another label, is a great example of this. Just shows you don't have to do all this professional shit, SURUS EXCLUSIVES, just get some whites pressed up and sell em on a shitty bandcamp page or via email or something.

#underground
Even though I agree that it's nice to see people self releasing their stuff, not everyone likes to order online, many people myself included prefer to go to physical stores to purchase music, the bandcamp thing is cool but I'd still prefer a trip to my local wax merchant over it.

Re: ST Holdings to Cease Trading

Posted: Sat Jul 26, 2014 12:02 am
by rorz9992
The problem with self-distribution from a consumer standpoint is you pay postage on every single record, instead of having one place to buy a bunch of records on different labels. At least Redeye, Boomkat, Juno etc are still doing their thing.

R.I.P. Surus. Glad I've backed up all the stuff I downloaded from there!

Re: ST Holdings to Cease Trading

Posted: Sat Jul 26, 2014 6:05 pm
by baddis98
rorz9992 wrote:The problem with self-distribution from a consumer standpoint is you pay postage on every single record, instead of having one place to buy a bunch of records on different labels.
i agree. just wanted to buy the new heart drive release on the exit page, but 5 quid shipping for 1 / 8.50 quid for 2 records...nah....

Re: ST Holdings to Cease Trading

Posted: Sun Jul 27, 2014 2:03 am
by Be-1ne
baddis98 wrote:
rorz9992 wrote:The problem with self-distribution from a consumer standpoint is you pay postage on every single record, instead of having one place to buy a bunch of records on different labels.
i agree. just wanted to buy the new heart drive release on the exit page, but 5 quid shipping for 1 / 8.50 quid for 2 records...nah....
where are you shipping to?