Utopia Music Logo

Soon it will be quicker to list the parts of the music value chain that Utopia Music *isn’t* involved with, as the company continues its expansion by acquisition. Yesterday, the Swiss fintech firm acquired UK-based physical music distributor Proper Music Group, which will form the core of a new ‘Distribution Services’ business unit within the company.

Utopia said that the deal will help the company “supercharge their song economics and accelerate royalty payouts for creators as well as to digitise operations and processes within Proper Music Group’s services.”

The new unit’s services will include physical distribution and sales, manufacturing, but also digital distribution, marketing services, analytics and sync.

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