Utopia Music CEO Plans to Hold Onto Distribution Services Amid Company Cutbacks

📆 27/07/2023 12:28 p. m.
📰 billboard

⏱ Reading Time:
13 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 63%

Colombia Noticias Noticias

Colombia Últimas Noticias,Colombia Titulares

Mattias Hjelmstedt claims the Swiss-based tech company is on a “clear path to profitability” and won’t be offloading its U.K. distribution businesses.

, resulting in the loss of another 25 jobs. In under one year, the firm’s global workforce has been trimmed from approximately 1,200 staff to around 440.legal action from U.S. music technology company SourceAudio

Key to its future growth, Hjelmstedt says, will be its two main physical music distribution entities: Proper Music Group, which provides distribution services for over 5,000 indie labels and service companies, and Utopia Distribution Services .

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

Escribir Comentario

Colombia Últimas Noticias, Colombia Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Georgia company lands in North Fort Worth with huge shipping hubGeorgia-based electrical component firm plans huge Fort Worth hub.
Fuente: dallasnews - 🏆 18. / 71 Leer más »