Ireland’s solely vinyl urgent plant is to shut

Ireland’s solely urgent plant Dublin Vinyl goes into liquidation, RTE experiences.

The vinyl urgent plant based mostly in Glasnevin in Dublin has been appointed provisional liquidators by the High Court.

The vinyl urgent plant, Pressing Matters Limited buying and selling as Dublin Vinyl, has 22 full-time workers and 4 full-time contractor staff.

Founded in 2016, with a workers of two, Dublin Vinyl has supported the native Irish business by means of 12″ vinyl pressings, and an ancillary enterprise of printing vinyl for the most important labels right here. It had a subscription service and a direct to fan vinyl-pressing service earlier than the pandemic, and the continuing years of COVID-19, struggle in Ukraine, Brexit and lack of a serious contract has meant the corporate has operated at a loss in 2022 and 2023.

Contracts price €500,000 shall be honoured earlier than the corporate is wound up.

Counsel advised the court docket that the corporate was making records for labels and artists together with “Taylor Swift, whose followers we’d not need to disappoint.”

Examinership was deemed not an choice.