ST Holdings Hit 'Reset Button'

Distribution company to cease trading...
ST Holdings

A vital - if somewhat unheralded - aspect of the music industry, distribution is the link between the pressing plant and the record shop.

A name many of you might recognise from your vinyl collection, ST Holdings launched in 1998 and swiftly rose to become one of the premiere distributors in the bass arena.

Working with hundreds of labels, ST Holdings virtually cornered the market in drum 'n' bass, grime, dubstep, UK garage and more.

Now, though, the company is to drastically scale back its operations. 150 labels will be dropped, with company MD Andrew Parkinson intending to hit the "reset button".

"We set out to build something that empowered the underground independent artist and gave them freedom to focus on their art" he said. "Things have changed… the ethos is getting lost and STH and its labels are dissatisfied. Personally I do not feel that STHoldings can and should continue on its current path. I have decided to hit the reset button and for STH to return to its roots … Starting today, we are only going to work with a small number of approximately 30 record labels that reflect this ethos."

FACT confirms that ST Holdings will cease trading in July and aims to pay all labels any outstanding amounts by September.

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