World Serpent Distribution was a Britishrecord label and music distribution house formed in the 1990s by David Gibson, Alan Trench and Alison Webster.[1]Douglas PearceofDeath In June coined the company name in 1991,[2]World Serpent being another name for Jörmungandr.[3]
Following a long period of rumours, Boyd Rice left World Serpent Distribution. He was followed shortly thereafter by Douglas Pearce, Richard Leviathan and Albin Martinek. Subsequently, fewer and fewer releases began to be distributed by World Serpent, leading to much fan speculation. In October 2002, a claim filed by Pearce in 2000 was successfully settled out of court, resulting in Pearce receiving unpaid royalties from the Court Funds Office. Pearce also gave back his shares in the company he had helped form, but was no longer interested in or affiliated to. Founder Alan Trench left World Serpent Distribution at the end of 2003. It was confirmed in August 2004 that World Serpent Distribution was no longer operating and had gone bankrupt.[6][7] Many artists distributed through World Serpent, such as Chris and Cosey, had not been informed by the company and may still be owed past dues.[8]
