After 16 years of serving independent music fans and obsessives, the online music and merch retailer and venerable indie institution Insound will be shutting down at the end of the month. Founded in 1999, Insound was around for the rise of the internet and the vinyl revival, and they had a hand in distributing and promoting some of the biggest indie acts of the 2000s (Yeah Yeah Yeahs, Interpol, Clap Your Hands Say Yeah, etc.). They also had a lot of interesting ideas and promotions — a record of the month club, limited edition Insound-funded Tour Support EPs — and they partnered up with Stereogum a few times. Basically, they seemed like cool, genuinely passionate people, and they contributed a lot to the music community. While they had a good run, it’ll still be sad to see them go.

UPDATE: Insound confirmed the news in a tweet.

After 16 years of slinging vinyl, we are sad to say that due to corporate cost-cutting measures, we'll be closing at the end of the month.

— Insound (@Insound) March 19, 2015