–News Direct–
Downtown Music Holdings (DMH), the worlds largest independent service provider to the global music industry, announced today the completion of its integration strategy across its business-to-business and creator-focused businesses into a single operating company.
The complete integration, including the merger of CD Babys operations into Downtown Music, further expands access to Downtowns full spectrum of services to the entire global music industry. Downtown currently supports over 4 million artists and 5,000 business clients in 150 countries who collectively generated over 1.5 trillion streams across major streaming platforms in 2023. Downtown clients won nearly 30% of the awards at the 2024 GRAMMYs.
As part of the integration, Downtown Music Holdings named Pieter van Rijn CEO of Downtown Music, reporting into Andrew Bergman, Downtown Music Holdings CEO. Based in Amsterdam and New York, van Rijn brings a wealth of experience and a proven track record of leadership within the organization and the industry. He previously served as the Group President of Downtown Music and as CEO of FUGA, which was acquired by DMH in 2020. He was appointed to the Downtown Music Holdings board in 2023.
The integration of all of our products and services under the Downtown Music umbrella alongside Pieters stewardship is a truly energizing moment in our journey. We bring together all the critical services that creators and businesses need to navigate the modern music industry. Im proud of the organization weve scaled and look forward to capitalizing on the exciting opportunities before us, said Andrew Bergman, CEO of Downtown Music Holdings.
This is an extraordinary time for Downtown Music as we enter this next phase as a fully unified operating company. The thousands of businesses that we support at Downtown Music and the millions of trusted creators at CD Baby will now benefit from our industry-leading suite of tools and services within a single organization. I look forward to continuing to work closely with Andrew and the DMH Board in delivering this enhanced offering to all our customers, said Pieter van Rijn, CEO of Downtown Music.
About Downtown Music
Downtown Music is the business and professional services division under Downtown Music Holdings, the worlds leading music services company with over 2 million clients in over 145 countries with a catalog of over 38 million music assets in a wide variety of genres and languages. Downtowns service offerings support creators and businesses in all facets of the music industry including music creation, publishing distribution, marketing, royalty collection, financing, accounting and payment services.
Contact Details
Kite Hill PR
Company Website
https://www.downtownmusic.com/
View source version on newsdirect.com: https://newsdirect.com/news/downtown-music-holdings-dmh-completes-global-integration-supporting-over-4-million-artists-and-5-000-business-clients-in-150-countries-212931386
Downtown Music Holdings
COMTEX_450324293/2655/2024-04-04T09:00:57
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