This news has been bubbling under since last week and now is all but confirmed. Neuton, a German distributor mainly for independent electronic music labels, has filed for bankruptcy earlier this week. FOEM first reported rumors about this on November 28, now even Billboard is going with the story.
Neuton is especially known for vinyl product by labels like Tresor, Perlon, Vakant or Four Twenty. In the past the Frankfurt-based company also handled releases by BPitch Control, Klang or Playhouse.
As of now it is unknown how many staff will be affected by the insolvency. Some of Neuton’s client labels might feel the squeeze as well, if they don’t receive payment for shipped product.
A year ago the company together with fellow vinyl experts Intergroove, Word and Sound, Groove Attack and Kompakt had formed the coalition Pro-Vinyl which was aimed at promoting the format.
