Editing Cooking Vinyl (section)

===1986–1992===
Cooking Vinyl was set up in 1986 by former manager and booking agent [[Martin Goldschmidt]] and distribution manager Pete Lawrence, who initially ran the business as a part-time venture out of a spare room in Goldschmidt's council house in Stockwell, South London.<ref name="auto1">{{cite web|url=https://www.hypebot.com/hypebot/2016/10/martin-goldschmidt-industry-profile-w-larry-leblanc-interview.html|title=Cooking Vinyl's Martin Goldschmidt On 30 Years of Indie Music|website=HypeBot.com|date=7 October 2016|access-date=6 November 2018}}</ref>

In 1986 Cooking Vinyl recorded an impromptu live performance around a campfire at a folk festival by the singer [[Michelle Shocked]], on a Sony [[Walkman]] with fading batteries.<ref>{{cite web|url=http://www.hypebot.com/hypebot/2012/03/big-chills-pete-lawrence-and-unbound-crowdfund-alfresco-festival-with-book-release.html|title=New Take On Music Crowdfunding From Cooking Vinyl's Pete Lawrence & Book Publisher Unbound|website=Hypebot.com|date=29 March 2012|access-date=7 April 2014}}</ref> One of its first releases, Cooking Vinyl released the recording as The Campfire Tapes, and it sold 250,000 copies worldwide.<ref name="auto"/>

In 1989, the company was close to bankruptcy when their distributors, [[Rough Trade Records|Rough Trade]], went into receivership. Pete Lawrence sold his stake in the business to Martin Goldschmidt who continued the business while servicing the debt of the company of a period of five years.<ref>{{cite web |title=Cooking Vinyl's Martin Goldschmidt On 30 Years of Indie Music |url=https://www.hypebot.com/hypebot/2016/10/martin-goldschmidt-industry-profile-w-larry-leblanc-interview.html |website=Hypebot.com |date=7 October 2016 |access-date=6 November 2018}}</ref>