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  • irishtimes.com - Posted: February 12, 2009 @ 9:37 am

    Road Records to remain in business?

    Jim Carroll

    Following on from last month’s story that Road Records is to close, On The Record has learned that moves are now underway to ensure the Dublin record store will remain open for business.

    These plans revolve around a Save Road Records investment club with a number of music industry personnel and other interested parties taking a shareholding in the business. It is hoped that this investment will mean that the Fade Street store remains open and allow it to develop a long term strategy.

    Furter details as they emerge.

    • 30 Comments

    1.
    February 12, 2009
    10:10 am

    I’ll have my broker buy some shares immediately. That’s great news, if it turns out to be right!

    Comment by Matt Vinyl
    2.
    February 12, 2009
    10:18 am

    Did they not close due to increasingly slow business and high rent? Why would investors buy into that? Long term strategy seems a generous, nearly altruistic angle for investors to take. Sure whatever keeps it open, I suppose. Good news indeed.

    Comment by adam
    3.
    February 12, 2009
    10:19 am

    sounds good… wonder if we’ll see the downstairs (or upstairs) utilised for something else (regular gigs, coffee shop, beanbags strewn about)…

    Comment by Ally
    4.
    February 12, 2009
    10:23 am

    Wow – that would be great news. I think that many have people realised that they had taken Road for granted and had fallen out of the habit of shopping there over time – hopefully a relaunched shop would make money from people realising that they need to support the shop on a regulat baiss rather than just when it’s in trouble.

    Comment by Mumblin' Deaf Ro
    5.
    February 12, 2009
    10:42 am

    Crikey – unexpectedly great news! Any hints on who the investors are Jim? ;)

    Comment by sweetoblivion
    6.
    February 12, 2009
    11:02 am

    Great news if its true – Dublin and the Irish music industry need an outlet like Road.

    Comment by Sean
    7.
    February 12, 2009
    11:03 am

    yo matt,

    it seems we won’t have to meet outside the central bank after all ;)

    Comment by billy lyons
    8.
    February 12, 2009
    11:40 am

    Rumour has it that U2 now have a controlling share in the business. They’ve already applied for planning permission to put a glass atrium on the roof.

    Comment by Peter81
    9.
    February 12, 2009
    11:41 am

    wow, fingers crossed.

    they need to follow the edinburgh fopp example and install a beer tap at the counter, free pint with every record purchased

    Comment by dudley
    10.
    February 12, 2009
    11:46 am

    Best of luck to them!

    Comment by Neil
    11.
    February 12, 2009
    12:15 pm

    That’s great news! I really hope it works out for Dave and Julie.

    Comment by Loreana
    12.
    February 12, 2009
    12:22 pm

    Great news, I actually felt guilty when I heard they were closing cause haven’t been in there in awhile! Hope it works out

    Comment by Chris Flynn
    13.
    February 12, 2009
    12:38 pm

    You part of this “investment club”, Jim? If you are fair play to you

    Comment by Cormac-out-of-Stoat
    14.
    February 12, 2009
    12:40 pm

    Great to hear some people are doing more than just talking and moaning and pointing the finger of blame and are actually taking some action. Dunno if it’s the best investment ever but I’m sure it’s better than the banks!

    Comment by Sammy
    15.
    February 12, 2009
    12:43 pm

    Sweetoblivion @ 5 – no hints were given to me so no hints can be passed on

    Cormac @ 13 – I dont think anyone is part of this investment club right now but will let you know when I hear more details

    Comment by Jim Carroll
    16.
    February 12, 2009
    1:59 pm

    Great stuff, Road needs a shot in the arm (as we all do from time to time) some investments are about more than money. Here’s hoping it works out. Rock on Dave and Julie!!

    Comment by Richard
    17.
    February 12, 2009
    1:59 pm

    Should the headliine on this piece not have been ‘The Road Goes On…Possibly’?

    Comment by James D
    18.
    February 12, 2009
    2:02 pm

    Should the headliine on this piece not have been ‘The Road Goes On…Possibly’?

    th sounds like an Eagles album title

    Comment by Jim Carroll
    19.
    February 12, 2009
    2:04 pm

    excellent stuff

    Comment by Leigh O'Gorman
    20.
    February 12, 2009
    2:22 pm

    Nothing wrong with the occasional Eagles reference. Without them we wouldn’t have had…Jackson Browne, plaid shirts, the bubble-perm/beard combination or even bare knuckle fist fighting on cocaine with your band mates.

    Comment by James D
    21.
    February 12, 2009
    4:08 pm

    Billy,

    I’m currently disassociating myself from that particular place. They’re creating a lot of bad press for me.

    Comment by Matt Vinyl
    22.
    February 12, 2009
    5:53 pm

    @ 3, utilising it as a record shop / cafe, venue would be a great idea…

    Comment by barryb
    23.
    February 12, 2009
    6:12 pm

    Shit, have to get to UCD to see the On The Road scroll before Feb 27th. Thanks for reminding
    Also: good news! I need to buy a turntable and start investing more.

    Comment by Major Alfonso
    24.
    February 12, 2009
    8:18 pm

    Best news (hopefully) I’ve heard in ages!

    Comment by Conor Furlong
    25.
    February 12, 2009
    11:50 pm

    I heard something about this when I was in the shop a while back. Apparently they’re helped by the fact that the landlord isn’t rushing to get the premises back. I heard something about them being able to pay rent near weekly.

    Still is great news

    Comment by Daniel
    26.
    February 13, 2009
    12:20 am

    This is great news! Road Records is a valuable outlet for bands and musicians around the country. It represents a key part of the Irish music infrastructure.

    Comment by Mark McAvoy
    27.
    February 13, 2009
    3:33 pm

    This is fantastic news and I really hope it comes off.

    Comment by Neill
    28.
    February 13, 2009
    5:53 pm

    In these bleak recessionary times, I’m gonna stick with getting cheaper music online and from iTunes rather than traipsing all the way into town in the rain to buy the equivalent album for between 5 and 10 euro more in Road Records (if they have it). Best of luck to Dave and Julie and it’s good to see they haven’t lost their livelihood yet.They’re obviously feeling the pinch…Unfortunately, so am I.

    Comment by Quint
    29.
    February 14, 2009
    11:56 am

    @ 28
    enjoy your lonely contentment

    Comment by I'm alright Jack

    Comments on this article are now closed.


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