Electric Minds will close after 2016.
Earlier this year, electric minds announced an international tour in celebration of 10 years in business. The London-based events team has now broken the news that it is also to be their final year in action; label and party head honcho Dolan Bergin made the announcement that it would be shutting down at the end of the year, so that full attention could be given to sister organization The Hydra.
Bergin elaborated: "Sometimes it's good to quit while you're ahead and while you're hopefully still relevant in such a fast moving industry. When the parties were started and then the label it was just for fun, there was no master plan but for electric minds to be an outlet for music that myself and others enjoyed at the time. When I met Ajay in 2011 and The Hydra was born, so much of our time was dedicated to building the project. As The Hydra became more successful there was less time to focus on running an independent label."
For its final outing, electric minds will host a New Year's Eve party in London at Corsica Studios. Billed to perform are Move D, Mr Ties, Hesseltime, and label head Bergin. In the meantime, the team are also stopping off at Concrete, Panorama Bar and Culture Box.
For more information, head to the electric minds site.