Utopia to build new music warehouse in the UK in $125m deal with logistics company DP World

Switzerland-headquartered Utopia Music has entered into a “long-term” £100 million-plus ($125m) contract with DP World, a multinational UAE-headquartered logistics company, to provide warehousing and logistics for physical music in the UK. As part of the deal, DP World is fitting out a new warehouse in Bicester, in the UK for Utopia’s distribution unit, Utopia Distribution … Continued

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from Music Business Worldwide https://ift.tt/xO6BDGd