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Utopia "needs incoming funds" to clear debts
Senior sources close to the sale by Utopia Music AG of Sentric Music to Believe SA have confirmed that Utopia…
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Universal and Sony attempt to secure future of Utopia Distribution
Universal Music and Sony Music have filed legal documents known as ‘charges’ through Companies House in the UK which give…
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Songtradr acquires Bandcamp
Songtradr has acquired Bandcamp from Epic Games, eighteen months after the Fortnite video game maker bought the direct-to-fan platform…
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Swedish tabloid alleges streaming fraud organised crime gang link
Swedish tabloid Svenska Dagbladet has published a report alleging that gangs in Sweden are using Spotify as a means of laundering money obtained through criminal enterprises…
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Utopia outsources physical distribution logistics to DP World – but are jobs secure?
Utopia Music pushed out more details about its previously announced Bicester warehouse deal earlier this week, which provided more information…
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Utopia declares second R&D business bankrupt
Following the news that Utopia Music’s UK R&D company has called in the liquidators, CMU has now…
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Utopia group salaries delayed, suppliers told invoices will be paid when company raises funding
There have been further developments at Utopia Music. CMU has learnt that staff at the company have been emailed today…
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Utopia calls in liquidators at UK R&D division
Late last week Utopia Music announced that it was "winding down" its UK R&D division. However,…