Curated News
By: NewsRamp Editorial Staff
April 04, 2024
Downtown Music Holdings Completes Global Integration, Supporting Over 4 Million Artists and 5,000 Business Clients in 150 Countries
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- The integration of CD Baby into Downtown Music expands access to a full spectrum of services, supporting over 4 million artists and 5,000 business clients in 150 countries.
- Downtown Music Holdings integrated their business-to-business and creator-focused businesses, merging CD Baby's operations into Downtown Music, expanding access to their services.
- The integration of all services under Downtown Music supports millions of artists and businesses, offering enhanced tools and services to navigate the modern music industry.
- Downtown Music currently supports over 4 million artists and 5,000 business clients in 150 countries, collectively generating over 1.5 trillion streams across major streaming platforms in 2023.
Impact - Why it Matters
The completion of the integration strategy by Downtown Music Holdings is a significant development in the music industry, as it brings together a wide range of services for creators and businesses. This move will enhance the offerings available to millions of artists and thousands of businesses, ultimately shaping the future of the global music industry.
Summary
Downtown Music Holdings (DMH) has completed its integration strategy, merging CD Baby's operations into Downtown Music to expand access to its services. The company supports over 4 million artists and 5,000 business clients in 150 countries and has named Pieter van Rijn as CEO. This move brings together all critical services for creators and businesses in the modern music industry.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Downtown Music Holdings Completes Global Integration, Supporting Over 4 Million Artists and 5,000 Business Clients in 150 Countries
