Qualiton, which imported a age of labels including Supraphon, Hungaroton, Signum and Bis, has announced it has ceased trading.
It follows Codaex into oblivion.
Here’s a redacted farewell letter:
After many many months of discussion and searching for viable alternatives we have decided we need to close Qualiton. As you can imagine this is a heartbreaking decision. Unfortunately there is no other option. Between the current state of the music industry, xxxs’ constant pursuit of our labels, the lack of retail stores and the takeover of the market from down loads we simply cannot compete. … I want to make this as easy as possible for both of us. Once you appoint a new distributor we will make every effort to accommodate them in a smooth transition.
I cannot tell you how much I have enjoyed meeting you and working with you. It is a very sad situation.
Judy and Anita