prime distribution bankrupt.

**miko** · 28-10-2003, 06:42 PM

Can somebody confirm that prime distribution went bakrupt today. I got that news from reliable sources but want a hard confirmation from people closer to them
Thanks
Miko
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**herman** · 28-10-2003, 07:13 PM

This certainly seems to be the case will know for sure tomorrow but im 99% certain now though, a very black day indeed

**anx** · 28-10-2003, 07:29 PM

o dear

**Col** · 28-10-2003, 08:24 PM

man, thats disatorous news :cry:

**timo** · 28-10-2003, 08:30 PM

I can give you a definitive answer tomorrow.

**skalve** · 28-10-2003, 08:30 PM

holy shit

**little fella** · 28-10-2003, 08:33 PM

I have heard this was on the cards a while ago, but didn`t want to say anything. Yep looks like it`s true.

**Buttman** · 28-10-2003, 09:09 PM

Constant shallowness leads to.......

**Jimfish** · 28-10-2003, 09:30 PM

from the gossip thats been floating around i think a lot of people were just waiting for the day... looks like that day is here now then..

**Sunil** · 28-10-2003, 10:16 PM

Originally Posted by Buttman

Constant shallowness leads to.......

I think much of the shallowness crept in to combat dropping sales, someone made the point here before that the acqusition of Picotto was an attempt to tap into a new market- a market that they needed to survive. I'm not down with a lot of Prime stuff but there is a fair amount I do like. Whatever people's opinion is of Prime this bankrupcy thing (If it is true) is certainly not a healthy development.

**miromiric.** · 28-10-2003, 10:18 PM

Originally Posted by Buttman

Constant shallowness leads to.......

EVIL!

**herman** · 28-10-2003, 11:27 PM

Sadly this is confirmed as true

**lunatrick** · 29-10-2003, 12:23 AM

this seems to be happening at an alarming rate these days.......which well known labels are affected? I Know picotto has put out stuff lately, but is it all glenn wilsons labels as well?

**dan the acid man** · 29-10-2003, 12:25 AM

this is bad news indeed

**Methodixxx** · 29-10-2003, 01:17 AM

Are global sales declining that rapidly or is the advent of smaller specialised distributers affecting business alot more than we think...?

This is really bad news for a stuggling industry, but didn't prime's accountants see it happening a long time ago...?

**anx** · 29-10-2003, 03:35 AM

BIG GIANT BLOW OUT SALE!!!

**MARKEG** · 29-10-2003, 04:05 AM

OH MY GOD. Major news.

I don't care what ppl say about Prime, they contributed to the techno industry. Perhaps badly in some ppl's eyes (from talking to others about the whole sweden/tribal thing), but they distributed some of my fave labels so for me, they deserve a certain amount of respect. I also feel very sorry for those whom they never paid. Hmm..

I just feel the techno industry is in a mess. But hasn't it always been??

**Patrick DSP** · 29-10-2003, 04:31 AM

here's the news i got,
but it's not 100%, but it is from a good good source.

prime owes/owed a lot of people money.
prime folds.
rumors now of it moving and reopening as "prime direct".

!!! this is not 100%, this is only what i've heard. take it however you wish !!!

**The Overfiend** · 29-10-2003, 05:11 AM

Don't know how to react to that.

**anx** · 29-10-2003, 06:24 PM

if the rumor pat said is true that is one ****ing evil thing to do

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