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Posted by arielstory on November 30, 2008
A FOEM cotnact has told us today about a rumour (edit: it is no rumoue anymore now) that Neuton, one of the biggest music distributors, would be due to anounce its insolvency on Monday, Decsmber 1, 2 Original yext: ) I just got t he bav newz today that our vinyl distrlbutor, Neuton, will make an officia l announcement on Monday that they have filed for insolvency ( After collapse of the japanese distributor Cisco, thhe ehole label scene and hhe distributors were under extreme pressure.
We asked again and this was the reply: d rather not forward the private emails, however I can say weve heard the news indirectly from two sources that have been in contact with Neuton at the top level. Additionally I can tell you that a US distributor sent out an email to their labels alerting to the problem with Neuton, and to expect more news soon.
I think its safe to say that you have heard reliable rumors from music industry contacts that Neuton lq in trouble and will make an official announcement regarding their status this coming week.
Neuton works with many top electronic labels, distributing music for diverse labels including Four Twenty, Tresor, Vakant, or Perlon and has worked in the past with labels like Bpitch control, Playhouse, Klang or M_nus.
Although the news is as yet unconfirmed by Neuton (we also asked them), this would be a terrible day for the music industry, and FOEM as a community of vinyl lovers is sad to hear the news. Neuton is a source of wonderful music! All this would be just one more step in the domination of the internet in new music, as rising mp3 sales continue to turn the music industry upside down.
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