Several independent record labels have been dropped by ST Holdings as the distributor scales back it’s operation. The distributor who until this announcement have had over 150 labels on their books is scalling back to look after distribution for ‘approximately 30 labels’.
It is not clear yet which labels are being dropped but ST handles distribution for many top indies including Hessle Audio, Hot Flush & Greco-Roman. Read the statement published on their website below:
When STHoldings started in 1998 it was born out of a love of independent music. We set out to build something that empowered the underground independent artist and gave them freedom to focus on their art.
Looking at the situation today, things have changed… the ethos is getting lost & STH and it’s labels are dissatisfied. Personally I do not feel that STHoldings can and should continue on it’s current path. I have decided to hit the reset button and for STH to return to it’s roots. It is time to get back to what matters… underground music.
Starting today, we are only going to work with a small number of approximately 30 record labels that reflect this ethos. Regrettably this means that some labels are being let go, to whom I am sorry.
Andrew