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Major Distributor Codaex Group Collapses, Codaex U.K. Now Facing Administration

A few weeks ago, at the Classical:NEXT music industry conference in Vienna, much of the talk was about the collapse of one of Europe's largest distributors, The Codaex Group. Delegates talked about arriving knowing nothing of the company's problems, only to find themselves in an unexpected scramble for new distribution. But there were hopes that the important British arm, Codaex U.K. Ltd., might survive.
By Classicalite Newsdesk

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    re·gres·sion (noun) ri-ˈgresh-ən re·gres·sion (noun) ri-ˈgresh-ən "a trend or shift toward a lower, less severe, or less perfect state" a: progressive decline (as in size or severity) of a manifestation of disease regression following radiation> b: (1) a gradual loss of differentiation and function by a body part especially as a physiological change accompanying aging regression of the ovaries> (2) gradual loss (as in old age) of memories and acquired skills c: reversion to an earlier mental or behavioral level or to an earlier stage of psychosexual development in response to organismic stress or to suggestion regression towards childhood--Havelock Ellis>.
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