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Main Page Content:

Aim calls emergency meeting

14:00 | Wednesday December 3, 2008

Indie association Aim is calling an emergency meeting tomorrow to help labels deal with Pinnacle’s administration.

The meeting will take place at 11am at Aim’s Chiswick headquarters and chairman and CEO Alison Wenham says labels will have access to legal advice and an insolvency specialist, who is familiar with the music and entertainment industry.

With Pinnacle distributing around 300 labels, including Ace, Cooking Vinyl and Fierce Panda, Wenham adds “This is where Aim can step in and help release the pressure. We can make sure labels do everything they can to protect their position both in terms of stock at Pinnacle and their financial exposure.”

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3 December, 2008

 

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