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Utopia was already shopping for startups. Now it’s shopping for catalogs too.

Switzerland-headquartered fintech firm Utopia Music, which sources inform MBW has tens of thousands and thousands of {dollars} at its disposal, has acquired 4 firms since September.

Simply final week it acquired US-based music trade listing ROSTR and Austria-based music knowledge analytics platform, ForTunes.

In October, the agency purchased Nashville-based monetary providers firm, Lyric Monetary and in September, Utopia purchased Quincy Jones-backed emotional knowledge enrichment firm Musimap.

Right now (December 14), we be taught that the corporate is all in favour of shopping for catalogs, too.

Utopia has employed Tony Latham as Vice President of its ‘Investor Companies Enterprise Unit’, which is able to it says will “assist catalog acquisition and maximise fund lifecycle monetization alternatives for present and future Utopia shoppers”.

Latham joined Utopia on November 25, 2021 reporting to COO Roberto Neri, and will likely be primarily based in London.

Latham has appreciable business, monetary and operational expertise in music publishing and licensing.

Previous to becoming a member of Utopia, he was Monetary Director at PPL PRS, the UK joint licensing enterprise between PRS for Music and PPL.

Earlier than that, he spent greater than a decade as World CFO on the Music Gross sales Group – now Clever Music Group. Latham started his profession as a Chartered Accountant at Deloitte, the place he spent 11 years in audit, consultancy and M&A.

Latham’s appointment is the most recent in a string of high-profile Utopia hires, with Roberto Neri becoming a member of as Chief Working Officer in September, adopted by the appointments of Paul Gathercole as Chief Knowledge Officer, Åsa Carild as Head of Platform, Paul Stuart as Chief Authorized Officer, Mark Williamson as Vice President for Creator Companies, and Rachel Kelly as Vice President for Australia.

“I’m positive Tony will likely be instrumental in serving to us ship on our mission of Honest Pay for Each Play.”

Roberto Neri, Utopia Music

“We’re very enthusiastic about Tony becoming a member of Utopia,” mentioned Roberto Neri, COO at Utopia Music.

“Tony is a firstclass addition to our increasing world staff. His expertise within the Music Business and business acumen will assist cleared the path for the success of the Investor Companies Unit, working as a accomplice to our shoppers, and serving to us untap the actual worth of Music.

“I’m positive Tony will likely be instrumental in serving to us ship on our mission of Honest Pay for Each Play.”

“I couldn’t be extra delighted to be working with Markku, Roberto and such a gifted and passionate staff at Utopia.”

Tony Latham

Latham added: “I’m honoured to be becoming a member of such an progressive enterprise with the most effective pursuits of music creators at its core.

“I couldn’t be extra delighted to be working with Markku, Roberto and such a gifted and passionate staff at Utopia.

“This really is an organization out to make an actual distinction and convey about transformational change for our trade – to ship transparency and equity to creators of music, and to ship enhanced worth to its custodians. Its imaginative and prescient is daring and bold and I’m massively excited to be part of delivering it.”Music Enterprise Worldwide

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Written by colin

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