We additionally reported that the Switzerland-headquartered agency has raised tens of millions in investor capital so far.
Properly, senior music trade whisperers at the moment are telling us that Utopia has really raised tens of tens of millions, and there’s doubtless extra to return.
Plus, following the agency’s high-profile appointment of Downtown‘s former EVP of Enterprise Growth, Roberto Neri, as Chief Working Officer, at the moment brings much more large information from the corporate.
Utopia has employed Amazon government Paul Gathercole as Chief Knowledge Officer.
Primarily based in London, Gathercole will report on to Utopia CEO Markku Mäkeläinen.
At Amazon, he led the EU Industrial Insights perform, earlier than founding the group answerable for Prime Video’s world metric governance and knowledge layer.
Previous to Amazon, Gathercole hung out at Common Music Group the place he constructed the International Knowledge Science group.
Based on a media assertion asserting his appointment, his “speciality is wise knowledge interpretation and turning knowledge into priceless insights”.
Utopia, which employs greater than 100 individuals throughout places of work situated in Zug, London, Helsinki and Stockholm, says it’s on a mission to revolutionize the monitoring of music consumption – and consequent royalty funds to rights-holders – worldwide.
Moreover, in a press launch, the corporate claims to be constructing a expertise platform that “brings a very new strategy to serving all music trade wants and to allow accounting, transparency and effectivity, repairing the fragmented trade alongside the way in which”.
“Utopia Music’s goal of securing Truthful Pay For Each Play aligns with my targets in the absolute best method.”
Gathercole stated: “I’m excited to get to work fixing the most important issues within the music trade along with the group at Utopia. As a musician myself, I’m glad to hitch an organization that’s absolutely behind the thought of Creator Rights.
“Utopia Music’s goal of securing Truthful Pay For Each Play aligns with my targets in the absolute best method. I look ahead to becoming a member of the unbelievable group with different notable music and expertise professionals.”
“Paul will assist significantly with our mission to allow Creator Rights all through the Utopia platform and options.”
Markku Mäkeläinen, Utopia
Utopia CEO Markku Mäkeläinen added: “Paul will assist significantly with our mission to allow Creator Rights all through the Utopia platform and options, and we’re thrilled to strengthen the already robust line-up of music Trade professionals throughout the Utopia Household.
“Their mixed experience and insights into the trade will assist us exponentially speed up the standard and development of our knowledge and merchandise.”
Music Enterprise Worldwide