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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 tens of millions of {dollars} at its disposal, has acquired 4 corporations in as many months.

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

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

Immediately (December 14), we study that the corporate is excited about shopping for catalogs, too.

Utopia has employed Tony Latham as Vice President of a brand new Investor Companies Enterprise Unit, which can it says will “help catalog acquisition and maximise fund lifecycle monetization alternatives for present and future Utopia purchasers”.

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

Latham has appreciable industrial, 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 Sensible 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 newest 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 Information 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 international group. His expertise within the Music Trade and industrial acumen will assist paved the way for the success of the Investor Companies Unit, working as a associate to our purchasers, 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 group at Utopia.”

Tony Latham

Latham added: “I’m honoured to be becoming a member of such an revolutionary enterprise with the perfect 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 group at Utopia.

“This actually is an organization out to make an actual distinction and produce about transformational change for our business – 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 vastly excited to be part of delivering it.”Music Enterprise Worldwide

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Written by colin

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