By that same metric, coincidentally or not, Downtown is absolutely massive. They just waited for them to either achieve a certain level of financial success, or to be selected by someone [bigger]. Kalifowitz is tight-lipped about said process.
Evidently, Downtown sees a particularly prosperous future in the world of independent artists and songwriters — and has invested heavily into it. Interestingly, Raine Group is now advising Downtown on its potential sale process. CD Baby, working in the recorded music market, operates in a much more competitive space. Featured Artists View more. Website Instagram Twitter. Wu-Tang Clan. Miles Davis. Tori Amos. John Prine. But over the years it started to boost the services side of its business, in particular with the creation of the Songtrust right administration platform.
The Downtown Records label then split off from the rest of the Downtown Music group in , after which the latter started significantly expanding its services business by acquiring the likes of CD Baby and FUGA. For Concord, the deal is its most significant rights acquisition since it bought the Imagem business back in Downtown also announced a rejig of its business as a result of the sale.
It will continue to provide publishing services — including admin, creative and sync services — to its existing roster of administration clients, which includes Ryan Tedder and Wu-Tang Clan as well as the estates of George Gershwin, John Lennon and Miles Davis. Similarweb Unique Visitors. Majestic Referring Domains. All rights reserved. PitchBook is a financial technology company that provides data on the capital markets.
Log in Request a free trial. Request a free trial Log in. Downtown Records. Downtown Records Overview Update this profile. Founded Employees Financing Rounds 1.
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