Overview
Downtown Music Holdings is a global independent rights management and music services company. Based in New York City, it has been composed of five divisions: Downtown Music Services, Fuga, Songtrust, Adrev and CD Baby. All divisions live under the Downtown Music Holdings umbrella. In addition to its New York headquarters, Downtown has 20 offices across six continents including Los Angeles, London, Paris, Portland, Amsterdam, Johannesburg and Tokyo.
History
Downtown was founded as Downtown Music Publishing in 2007 by Justin Kalifowitz in New York. The business model was developed to address the consolidation of the music publishing industry as well as the new technologies which impacted songwriters and copyright holders. Downtown Music Studios opened in 2008. In 2011, Downtown formally launched Songtrust as a business unit, extending the company's royalty collection platform capabilities beyond the parent publishing company. Neighboring Rights was established in 2016.
Until January 2013, Downtown was the owner of the record label Downtown Records.
In 2013, Downtown expanded its offices to Los Angeles. In early 2014, the company expanded to Nashville and later that year founded Downtown Music Benelux. Based in Amsterdam, Downtown Music Benelux was established in collaboration with Hot Streak Music, a division of Cloud 9 Music. In 2015, following the acquisition of the London-based music publisher Eagle-i Music, Downtown UK was founded.
From Wikipedia (CC BY-SA 4.0).