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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…
Utopia Music
News and commentary about Switzerland based music technology company Utopia Music AG
28 posts
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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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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,…
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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…
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Utopia Music announces new deal to enhance its offering in physical distribution
The music distribution division of Utopia Music has announced a new partnership with logistics firm DP World that involves the…
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…
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Believe buys Sentric Music amid speculation about future of Utopia
After selling itself to Utopia last year, music publisher Sentric is now owned by Believe in the latest in a series of divestments by Switerland-based Utopia Music AG…
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.…
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…