Radiohead's secret bunker; the Kanye/Wireless fallout; and how is the world's oldest record shop preparing for Record Store Day 2026? We chat to owner Ashli Todd to find out...

Your easy weekly guide to the music biz and how it all works. Become a ⁠⁠⁠⁠⁠⁠⁠⁠⁠Superfan of the podcast for free – and enjoy the exclusive weekly Lock-in bonus section!⁠⁠⁠⁠ This week, there's a change to our normal schedule – with a whistlestop tour around the news and then a very special interview with Ashli Todd, owner of the legendary Spillers Records, the world's oldest record shop (founded in 1894, fact fans!)Ashli takes time out from filing vinyl to chat to us about Record Store Day 2026, which is taking place on Saturday 18th April. She also talks about the logistical hurdles of running a record store today. She also gives an authoritative answer on whether PJ Harvey should be filed under 'P' or 'H'!In this episode...The Ye/Wireless fallout: what are the financial and contractual "cleaning up exercises" facing Festival Republic after headliner Ye (AKA Kanye West) was denied UK entry – resulting in the entire festival's cancellation?Radiohead’s Coachella Bunker: the band's new "audiovisual installation" is located in a literal bunker beneath the Coachella festival (and if you visit, they put stickers over your phone cameras)A billion-dollar milestone: Latin American music has topped $1 billion in US label revenue for the first time - but which artists have driven this?Then, Ashli Todd, owner of Spillers Records, joins the show to chat about Record Store Day! (Our extra-special ⁠⁠⁠Patreon Superfans⁠⁠⁠ get the full, unedited interview... including some hearty debate about Simply Red!)RSD reality check: Ashli reveal what it's like to run a record shop during Record Store Day – including the high-stakes gamble of ordering for the big day.Ashli explains how shops cannot return any unsold Record Store Day stock: so if a shop is left with too many unsold titles, it can negate the entire profit margin for the event. CDs are... back: Ashli sees teenagers gravitating toward them as a "retro" and affordable alternative to increasingly expensive vinyl.How sales of popular albums can "fall off a cliff" simply because it’s impossible to reorder from the warehouse, due to labels' unwillingness to sit on large quantities of stock.The Jools Holland Effect vs. the TikTok Effect: While the Jools Holland effect on sales has waned, TikTok now has a tangible impact on what (especially younger) customers ask for.We finally settle the argument: does PJ Harvey belong under 'P' or 'H'? A bonus filing complication: Record Store Day filing rules follow the official list order, which is alphabetical by first name. (We're still not 100% clear how this effects PJ Harvey, though.)(If you'd like to know more about the history of Spillers, this interview with Ashli is well worth a read: https://www.walesonline.co.uk/news/wales-news/story-uks-oldest-record-shop-15805068)===================================As ever, we welcome your feedback, emails and – in particular – any questions you might have about how the music biz works!Email us: ⁠⁠[email protected]⁠⁠See you next week!Steve and Stuart======TPOM online: http://tpom.uk/Support The Price of Music on Patreon:⁠⁠https://www.patreon.com/ThePriceofMusic⁠⁠Follow Steve on X - @steve_lamacqFollow Stuart on X - @stuartdredgeFollow The Price of Music on X - @PriceofMusicpodFor sponsorship opportunities, please email - ⁠⁠[email protected]