Indie disaster: Hear a Pinnacle drop

Some really grim news for most of the top tier of UK indie labels, as Hypebot is reporting that Pinnacle distribution has gone into administration. Pinnacle ships out records for the likes of One Little Indian and Cooking Vinyl, as well as running its own label alongside.

Fingers crossed the administrators are able to keep Christmas alive for the labels relying on Pinnacle to get their stuff to customers - otherwise, the collapse of Pinnacle could just be the, well, tip of the iceberg.