Business News - CMU | the music business explained

YouTube sets out three principles for the development of AI music

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umg • 3 min read

YouTube sets out three principles for the development of AI music

YouTube and UMG team up to unleash AI, with Lucian Grainge saying there's a "promising upside" but music industry needs to set "rules of the road" which include "responsibly embracing" AI and "appropriate protections".…

Chris Cooke • 23 Aug 2023

Songwriter groups demand information about a newly for-profit BMI's plans and possible sale

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Business News • 4 min read

Songwriter groups demand information about a newly for-profit BMI's plans and possible sale

Various groups representing songwriters in the US have written to the boss of American collecting society BMI asking a number…

Chris Cooke • 21 Aug 2023

Utopia outsources physical distribution logistics to DP World – but are jobs secure?

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Utopia Music • 4 min read

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…

Sam Taylor • 10 Aug 2023

Utopia declares second R&D business bankrupt

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Utopia Music • 2 min read

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…

Sam Taylor • 26 Jul 2023

Utopia group salaries delayed, suppliers told invoices will be paid when company raises funding

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Utopia Music • 2 min read

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…

Sam Taylor • 26 Jul 2023

Utopia calls in liquidators at UK R&D division

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Utopia Music • 3 min read

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,…

Sam Taylor • 25 Jul 2023

Absolute reacquired by original management team after Utopia adventure

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Utopia Music • 2 min read

Absolute reacquired by original management team after Utopia adventure

Absolute Label Services is the latest Utopia acquisition to negotiate itself out of that particular confusing adventure. The company’s…

Chris Cooke • 18 Jul 2023

Utopia Music • 2 min read

Utopia Music confirms further job cuts

Utopia Music has informed its staff that it is instigating another round of downsizing which will see about 15% of…

Chris Cooke • 18 Apr 2023

Utopia Music • 1 min read

Utopia sued by LA-based rights platform that it planned to acquire

LA-based music rights management and licensing platform SourceAudio has sued Utopia Music over an allegedly stalled deal via which the latter was meant to acquire the former.…

Chris Cooke • 15 Feb 2023

Utopia Music • 1 min read

Utopia sells ROSTR back to its founders

Following its recent downsizing and executive rejig, Utopia Music has sold back one of its earlier acquisitions to the founders…

Chris Cooke • 08 Feb 2023

Utopia Music • 1 min read

Utopia confirms rejig and downsizing

The recently expansive and acquisitive Utopia Music last week confirmed a structural rejig which will also result in a downsizing…

Chris Cooke • 28 Nov 2022

Pollen • 3 min read

Class action lawsuit filed by former Pollen employee in the US

A former US-based employee of Pollen – the ticketing and events company that fell into administration last month – has filed a…

Chris Cooke • 26 Sep 2022