About Downtown Music Holdings
Downtown Music Holdings is a company based in New York (United States) founded in 2007 was acquired by Virgin in December 2024.. Downtown Music Holdings has completed 4 acquisitions, including AVL Digital Group, CD Baby and Curve Royalty Systems. Downtown Music Holdings offers products and services including Music Distribution and Music Publishing.
- Headquarter New York, United States
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Downtown Music Holdings
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
$74 M (USD), Debt – Conventional
Nov 01, 2016
- Investors
-
Employee Count
Employee Count
-
Investments & Acquisitions
AVL Digital Group
& 3 more
-
Acquired by
Virgin
(Dec 16, 2024)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Downtown Music Holdings
Downtown Music Holdings offers a comprehensive portfolio of products and services, including Music Distribution and Music Publishing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Music is distributed to digital platforms for artists and labels
Songs and compositions are managed for rights and royalties
Unlock access to complete
Leadership Team
14 people
Finance and Accounting
7 people
Sales and Marketing
4 people
Human Resources and Administration
4 people
Product Management Team
3 people
Legal and Compliance
3 people
Software Development Team
3 people
Operations Team
2 people
Unlock access to complete
Funding Insights of Downtown Music Holdings
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $74.0M
-
First Round
First Round
(01 Nov 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Debt – Conventional - Downtown Music Holdings | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Downtown Music Holdings
Downtown Music Holdings has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Virgin. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Investment and holding company
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Downtown Music Holdings
Downtown Music Holdings has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AVL Digital Group, CD Baby and Curve Royalty Systems. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Royalty music publishers are operated from London.
|
2019 | ||||
|
Limited information available
|
2014 | ||||
|
Music distribution and promotion services are provided for independent artists.
|
1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Downtown Music Holdings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Downtown Music Holdings Comparisons
Competitors of Downtown Music Holdings
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Downtown Music Holdings
When was Downtown Music Holdings founded?
Downtown Music Holdings was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Where is Downtown Music Holdings located?
Downtown Music Holdings is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Downtown Music Holdings?
Andrew Bergman is the current CEO of Downtown Music Holdings.
What does Downtown Music Holdings do?
Downtown Music Holdings was founded in 2007 and is headquartered in New York, United States. Operations are focused on the music industry, where distribution, publishing, and related services are provided to artists and stakeholders worldwide. The platform supports various aspects of music creation and management, enabling broader access and efficiency in the sector. Geographic reach extends globally through digital infrastructure.
What products or services does Downtown Music Holdings offer?
Downtown Music Holdings offers Music Distribution and Music Publishing.
How many acquisitions has Downtown Music Holdings made?
Downtown Music Holdings has made 4 acquisitions, including AVL Digital Group, CD Baby, and Curve Royalty Systems.
Who are Downtown Music Holdings's investors?
Downtown Music Holdings has 1 investor. Key investors include Virgin.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.