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

📆 27-7-2023 19:28:00

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

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.

📆 27-7-2023 19:28:00
📰 billboard

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

, 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 .

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

Schrijf commentaar

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

Georgia company lands in North Fort Worth with huge shipping hubGeorgia-based electrical component firm plans huge Fort Worth hub.
Lees verder »