Downtown Music Holdings In The News

CD Baby paid out $125m from digital platforms like Spotify, Apple Music and YouTube Music in 2020

CD Baby's digital payouts rose 14% in the year, as YouTube Music's contribution doubled

Slowly but surely, the major labels’ dominance of Spotify is declining

Spotify statistics show that nearly 10% of market share has shifted away from the majors and Merlin in just the past three years

The Services Sector Is Transforming The Future Of The Music Industry

Justin Kalifowitz, CEO of Downtown Music Holdings, paints a picture of how the music industry is changing

BTS helped Big Hit’s annual revenues jump 36% to $676m in 2020… despite the pandemic

Filing in Korea reveals details of K-pop company's stellar 2020 – despite the collapse of live concerts

CD Baby expands into Africa with appointment of South African music industry veteran Sakhele Mzalazala

Exec is responsible for growing CD Baby in South Africa, Lesotho, Zimbabwe, Botswana, Swaziland, and Namibia

Bea Koramblyum promoted to Global Head of Business Affairs at Downtown Music Publishing

Downtown execs Corey Roberts and Carla Downs also promoted

Sarah McCann appointed SVP, International Creative at Downtown

Exec was most recently an A&R at Wide Eyed Entertainment

Downtown acquires digital marketing platform Found.ee

Platform is used by more than 25,000 artists and labels worldwide