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A potential white knight for some of Pinnacle's former clients has emerged, with Cooking Vinyl founder Martin Goldschmidt advancing plans to launch his full-service distribution company Essential.
Essential Music And Marketing was founded by Goldschmidt and former Vital Distribution managing director Mike Chadwick five years ago as a label management and marketing and promotion operation that created marketing strategies and advised on release strategies.
In addition to Cooking repertoire, Essential has worked on releases by Black Crowes, David Byrne and Brian Eno.
Now the two partners are adding a sales element, with distribution through ADA/Cinram to provide a full-service outfit to labels across the UK and Europe and a direct competitor to outfits such as PIAS and Southern Record Distribution.
The pair ...