Tag: downtown music

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Downtown Music and Kobalt suspend operations in Russia

Yesterday's announcements from Sony Music, WMG and FUGA were swiftly followed by the two companies revealing their plans.
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Downtown Music Holdings CEO shifts role, replaced by COO

Longtime CEO Justin Kalifowitz is shifting to a role as executive chairman, with current chief operating officer Andrew Bergman taking CEO reigns.
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Soundrop slashes its prices for distribution of cover songs

Ever since its reinvention as a distributor, Soundrop has made YouTubers and other social creators key targets as clients.
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Downtown Music surveys fans on streaming and rights ownership

Downtown Music Holdings has been surveying 2,200 American adults on their views about streaming and music ownership, with a particular focus on the debate about artists and royalties. 86% of respondents agreed that artists...
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Downtown Music buys digital marketing firm Found·ee

Downtown Music Holdings likes buying interesting music/tech firms like Hipgnosis Songs Fund likes buying catalogues. The latest to join Downtown’s family is marketing platform Found·ee. The deal, for an undisclosed...
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Downtown Music Holdings to host a ’summer school’ this July

The music industry has been talking and thinking about internships a lot recently: specifically how to use them to make sure a diverse group of people are entering the industry, rather than (for example with unpaid internships)...
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Downtown Music Holdings’ latest acquisition is… FUGA

Downtown Music Holdings, the parent company of Downtown Music Publishing and Songtrust, is buying distributor and music/tech services company FUGA, for an undisclosed amount. The deal comes just 10 months after Downtown...
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Molly Neuman promoted to president of Songtrust

Downtown Music’s Songtrust has a new president, but she’s very much not a stranger to the company. Former Kickstarter exec Molly Neuman joined Songtrust in 2017 as its global head of business development. And now: “Molly...
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Downtown Music snaps up CD Baby as part of AVL acquisition

Downtown Music Publishing’s parent firm is acquiring AVL Digital Group, the company that includes distributors CD Baby, DashGo and Soundrop, as well as video-monetisation outfit AdRev. In its announcement of the deal,...
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Downtown Music boss: ‘Music is everywhere… Music licensing tries to keep up’

From songwriters suing streaming services to big-bucks catalogue acquisitions, the music-publishing world has made plenty of headlines in recent years. Downtown Music Publishing CEO Justin Kalifowitz suggested that publishing...
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Independent labels optimistic about sync opportunities in 2019

The UK’s independent-music trade body AIM is preparing for its first AIM Sync global sync-licensing conference, which takes place in London on 28 January. Ahead of the event, some of the speakers told Music Ally about their...
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How can indie music companies succeed in streaming? (#midem)

Major labels are enjoying surging streaming revenues: industry site MBW recently calculated that Universal, Sony and Warner generated more than $1bn from streaming in the first quarter of 2017 alone. What about independent...