Twelve months earlier Rough Trade found itself in receivership after the distribution company went bust, bringing down the label with it. It returned as an independent in 1999, and was bought by BMG in 2002 before becoming independent again in 2007 when Martin Mills brought it into Beggars Group, a label portfolio that now includes Beggars Banquet, 4AD, Matador, Rough Trade, XL and Young Turks. Mute had major success via Erasure, Nick Cave & the Bad Seeds, Moby and Goldfrapp and was bought by EMI in 2002. After a period that Miller says “was so hierarchical it ended up being impossible to do anything”, Mute became independent again in 2010.
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