Saturday, November 29, 2008

NEUTON - insolvency

"A FOEM contact has told us today about a rumour (edit: it is no rumour anymore now) that Neuton, one of the biggest music distributors, would be due to announce its insolvency on Monday, December 1, 2008. Original text: “(…) I just got the bad news today that our vinyl distributor, Neuton, will make an official announcement on Monday that they have filed for insolvency (…)”

After the collapse of the japanese distributor Cisco, the whole label scene and the distributors were under extreme pressure..." via tanith read more at foem

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