The Wire

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Music distributor ST Holdings closing

ST Holdings, who distribute music by a number of UK independent labelsm, are shutting up shop. In May the company pared back its customers from 200 labels to 30 in order refocus operations. All payments will be brought up to date by September, and the company's sales manager Mat Harwood has launched his own vinyl distribution service via newly opened Bournemouth record shop Unearthed Sounds.

[Hat Tip: CMU]