The Swiss tech company's music buying spree continues, after the acquisition of physical distributor Proper Music Group in January.
Proper Music Group, the U.K.’s leading independent physical music distributor, which provides distribution services for 1,000-plus indie labels and service companies and counts Rough Trade, HMV and supermarkets Tesco, Morrisons and Sainsbury’s among its retail clients. Proper also handles “dropship fulfillment” — meaning it stocks and ships vinyl records and CDs directly to customers — on behalf of Believe, The Orchard and Amazon.
Utopia followed the Proper deal in February with the purchase of Absolute Label Services, a U.K.-based distribution and services provider to independent artists and record labels, also for an undisclosed sum.
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