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Demolition Records In Talks With Whitesnake

The following report is courtesy of Andrew Mernin from Nebusiness.co.uk:

A company behind some of the biggest rock stars from past and present is set to double its annual sales by landing lucrative deals with legendary bands ZZ TOP and WHITESNAKE.

Tyneside record label Demolition Records, which has offices in Frankfurt, Manhattan, Tokyo and … Jarrow, is in negotiations to land contracts with the two bands which would help double its annual CD sales to 500,000 by 2008.
The rapidly-growing business has found success by reviving the careers of classic rock acts as well as tapping into new talent and has seen its sales grow by 1,000% since 2005.

Meanwhile the firm hopes to further boost revenue by organising various festivals having just played a major role in hosting last week’s Hard Rock Hell festival in Minehead, Somerset. The festival attracted media interest from MTV and BBC Radio One and saw Twisted Sister, represented by Demolition, take to the stage as the headline act.

The Jarrow-headquartered record label also had three other bands playing at the festival and was involved in the organisation of the event.

Ged Cooke, who runs the firm with his brother Eric, said: “We are in negotiations with ZZ Top and Whitesnake to sign them up.We are probably in the top four independent labels in the country and we have grown rapidly in the last seven years.

“People are knocking on our door all the time and we are attracting major global stars to the North-East and it’s not uncommon to see big rock stars walking around Jarrow.”

He also said the business, whose clients include former VAN HALEN frontman Dave Lee Roth, has found a niche market by signing up classic rock acts whose stock may have fallen with major record labels but still have a large fan-base.
He said: “There are bands that are no longer selling millions that may have been dropped by the main record labels but we will take them on and we are a leader in that niche market.

“But we are not a classic rock label and we are also attracting young talent. So the profits we make from our big selling classic artists are reinvested into our smaller bands.”

Source: BW&BK

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Anonymous Reader
1. wally writes:

London Gazette
Date: 20 September 2006 Issue Number: 58103 Page number: 12830

Publication Date: Wednesday, 20 September 2006

Notice Code: 2441


(Company Number 03941023)

At an Extraordinary General Meeting of the above-named Company, duly convened, and held at Tenon House, Ferryboat Lane, Sunderland SR5 3JN, on 12 September 2006, the subjoined Extraordinary Resolution was duly passed:
“That it has been proved to the satisfaction of this Meeting that the Company cannot, by reason of its liabilities, continue its business, and that it is advisable to wind up the same, and accordingly that the Company be wound up voluntarily, and that Ian William Kings, of Tenon Recovery, Tenon House, Ferryboat Lane, Sunderland SR5 3JN, be and is hereby appointed Liquidator for the purposes of such winding-up.”
At a subsequent Meeting of Creditors, duly convened pursuant to section 98 of the Insolvency Act 1986, and held on the same day, the appointment of Ian W Kings was confirmed.

G Cook, Chairman


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