There's fears today that the fire at Sony's distribution centre in North London, which has affected around 150 independent music labels, could put small record labels under for good.
The three-storey warehouse in Enfield caught fire overnight in an area of the capital which has seen widespread rioting and looting.
The building is Sony Corp's sole distribution base in the UK and is also home to PIAS Distribution which works closely with independent record labels such as Warp, Domino and Ninja Tune.
PIAS is also the biggest distributor for Rough Trade Record shops - Spencer Hickman, manager at London's Rough Trade East, described the loss of music as "devastating."
"I am sure there are labels that will go bust...It's our bread and butter, they (indie record labels) make up a huge amount of our business, it's complete chaos, we are going to be talking to PIAS and the labels today and see if we can support them as much as we can.
"It looks like people have lost everything in the warehouse, a big record at the moment is Adele's."
DJ and producer Rob Da Bank's has also been affected, on Twitter, he wrote:
“So looks like all our Sunday Best stock went up in flames last night in the PIAS blaze.”
In a statement PIAS said:
"There was a fire last night at the SonyDADC warehouse which services the physical distribution for PIAS in the UK and Ireland. PIAS is working closely with SonyDADC who are implementing their emergency plans. PIAS's UK offices in London and all other areas of our business are unaffected."
It's yet another blow to the music industry which is already battling falling revenues and illegal piracy.
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