Downtown ‘exploring strategic options’ with Raine Group

New York-headquartered Downtown is currently privately owned. In the past 18 months, the rapid expansion of Downtown Music Holdings – led by CEO Justin Kalifowitz – has included its acquisition of indie artist distributor CD Baby (and parent, AVL) in a $200m-plus deal. And at the top of this year, Downtown acquired recorded music digital services company FUGA for upwards of $40m.

Source: Downtown ‘exploring strategic options’ with Raine Group – including possible sale

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.
Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.