| We've covered the music business each day since 21 Jun 2002 Today's email is edition #5309 |
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| | In today's CMU Daily: The disaster-unicorn formerly known as Utopia Music has been served with bankruptcy proceedings after a specialist blockchain law firm took legal action over a CHF 23,000 debt. Proper Group AG told CMU today that the debt has been settled, and itâs confident it can head off the bankruptcy action
One Liners: New releases from SOPHIE, The Cure, Two Shell, Paleface Swiss, Shakira, Oh Annie Oh, Blackout Problems, Lake Malice + more
Also today: This weekâs Labour Party conference passed a motion on AI that was backed by the Musiciansâ Union calling on government to ensure that AI policies balance the interests of workers and businesses, which, for the MU, also means balancing the interests of musicians and labels; Mariah Carey is trying very hard to get a song-theft lawsuit filed against her over âAll I Want For Christmas Is Youâ dismissed
Plus: Humdrum is CMU Approved
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| A Swiss court has initiated bankruptcy proceedings against Proper Group AG | | Proper Group AG, the Swiss company formerly known as Utopia Music AG, has been hit with bankruptcy proceedings by a court in Switzerland. The âprovisional announcement of bankruptcyâ was filed on Tuesday after Proper Group failed to attend a court hearing relating to a debt of CHF 23,000.
The court action was brought by MME Legal, a Zug-based legal consultancy that describes itself as an âinnovative consulting companyâ that âsupports and represents companies and private individuals in all economic and future-oriented mattersâ. In particular, MME highlights its expertise in blockchain and digital assets, saying âwe guide our clients in developing, operating and offering digital or blockchain-based applicationsâ.
A Proper Group spokesperson told CMU that the company was âunaware that the claimant had initiated proceedings and consequently missed a hearing on Tuesday. As a result, the court issued a default ruling in favour of MME Legalâ.
The companyâs spokesperson says, âWe are disappointed that bankruptcy proceedings have been triggered. Our company was unfortunately unaware that legal proceedings over a minor debt were taking place, and as a result we were not represented at the court hearingâ.
CMU understands that this is a result of a downsizing exercise that has been taking place across the business and that there were no appropriate staff on hand in the companyâs Swiss offices to receive and process the hearing notice in good time. As a result, the company is putting mechanisms in place to ensure that the same thing does not happen again.
However, the bankruptcy proceedings mean that the company will now have to demonstrate to the court that this debt has been settled and that it is more generally solvent. | Read the full story | |
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| LATEST JOBS | CMU's job ads are a great way to reach a broad audience across the industry and offer targeted exposure to people at all levels of seniority who are looking for new jobs. Our job ads reach tens of thousands of people each week, through our email, and our dedicated jobs pages.
| CMU's job ads are a great way to reach a broad audience across the industry and offer targeted exposure to people at all levels of seniority who are looking for new jobs. Our job ads reach tens of thousands of people each week, through our email, and our dedicated jobs pages.
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| | | | | | | | | | | | | | đ See all current jobs at https://completemusicupdate.com/jobs | | Horizon is CMU's weekly newsletter that brings you a hand-picked selection of early-stage career opportunities from across the music industry. Whether you're looking for your first job in music or you're ready to take a step up, Horizon is here to help you find your dream job faster.
đ Click through to see the current selection. | |
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Musicians face âDavid and Goliathâ battle with AI companies that could see âBritish Music consigned to historyâ says MU boss in Labour Party conference speech | | The UKâs Labour Party has passed a motion on AI at its annual conference which says that âthe interests of workers and businesses must be balancedâ as AI is developed, and that major corporations âmust not be allowed to use artificial intelligence in a way that exploits working people or diminishes their rights and payâ.
The motion was backed by the Musiciansâ Union with Naomi Pohl, MU General Secretary, giving a speech to conference delegates laying out the MUâs key priorities relating to AI.
âWe acknowledge the extraordinary benefits AI can bring to society across many industries, including the creative industriesâ, Pohl told the conference. âHowever, in music, we are once again facing a David and Goliath battle. Where big tech and major international corporations ride roughshod over the livelihoods and rights of our members, the music makers: performers, artists, songwriters, composers and music producersâ.
| Read the full story | |
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| Mariah Carey saysâAll I Want For Christmas Is Youâ song-theft case based on âan unprotectable jumbleâ of musical elements | | Mariah Carey reckons that a songwriter who filed a song-theft lawsuit against her in relation to âAll I Want For Christmas Is Youâ has presented âmuddled, frivolous and bad faithâ arguments in a bid to stop that legal action from being dismissed.
Lawyers working for Carey, her co-writer on the Christmas hit and label Sony Music claim that they have âmethodicallyâ demonstrated that the musical elements shared by âAll I Want For Christmas Is Youâ and an earlier song of the same name are âunprotectable, individually and in combinationâ under copyright law.
In response, they argue, the writer of the earlier song, Vince Vance, has basically tried to distract the court with âconclusory and often irrelevant argumentsâ.
Vance co-wrote a song called âAll I Want For Christmas Is Youâ that was originally released in 1989, five years before Careyâs Christmas hit.
| Read the full story | |
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| đ§ Approved: Humdrum | | Chicagoâs Humdrum, the brainchild of Loren Vanderbilt, feels like a sonic time machine. Drawing inspiration from the shimmering guitar jangle and melancholic tones of IRS-era REM and the post-punk rhythms of New Order, Vanderbiltâs project explores the intersection where indiepop meets shoegaze.
Humdrumâs latest single, âEternal Blueâ, embodies this fusion, melding lush, reverb-soaked guitars with a propulsive bassline that Vanderbilt says was the songâs foundation.
âThe bassline really kicked off what would become âEternal Blueââ, Vanderbilt explains. âI liked the groove and found myself locked in, playing it on loop and kinda dancing to myself, trying to figure out where to take it. I was working on it at home and brought it to the practice room one day with a drum machine beat, and the other elements just kinda fell into place from there. The song is about the suffocating isolation of loneliness and believing that you can only be resuscitated by true loveâ.
With crystalline production and swirling emotional intensity, âEternal Blueâ reflects both on the past and hints at where Humdrum is headed, confidently navigating the space between shoegaze haze and indiepop clarity.
đ§Watch the video for âEternal Blueâ here
| Read online | |
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| Releases & Tours | SOPHIE has released her posthumous eponymous album âSOPHIEâ. The Cure have released their first new single in sixteen years, âAloneâ. Their new album 'SONGS OF A LOST WORLD' is out 1 Nov. Kaitlyn Aurelia Smith and Joe Goddard have collaborated on new single âNeptunesâ. Two Shell have released their new single âEverybody Worldwideâ. Their eponymous debut album is out 25 Oct. Oh Annie Oh has released her new EP âBlock N Deleteâ. Julieta Rada has released her new album âCandombeâ. Paleface Swiss have released their new single âHatredâ. Their new album âCursedâ is out 3 Jan. Blackout Problems and Lake Malice have collaborated on new single 'Quicker Than Death'. Shakira has released her new single âSolteraâ. Rey Pila have released their new single âNo Me Arrastresâ. King Pari have released their new single âSomethin Somethinâ. Their debut album âThere It Goesâ is out 18 Oct.
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