The new CEO of Swiss-based Utopia Music says he is focusing on making the company profitable within the next 12 months through “topline growth” and does not…
Senior sources close to the sale by Utopia Music AG of Sentric Music to Believe SA have confirmed that Utopia is waiting for “up to” €7 million in funds to be released from escrow. These funds will be released “on completion of paperwork”, some of which is “reliant on third
Independent labels say their acts have missed out on chart positions because of Utopia’s distribution problems and now there are concerns about Sony and Universal backing the company