Downtown will leave the ownership business and focus on music services exclusively
Brian Welk | April 26, 2021 @ 10:12 AM
Warner Bros.
Downtown Music Holdings has sold its publishing library of 145,000 songs, including tracks by Beyoncé, Lady Gaga, Jay-Z and more, to Concord Music Group.
It’s the latest example of the sale of a large music catalog as the industry has seen a flurry of sales for record multiples. But instead of an artist directly selling their own music library to a private group, another company is now getting out of the music ownership business entirely at a point when the market could be nearing its peak. After the sale, Downtown will now focus exclusively on music services, including publishing administration and its label services division, DashGo.
Updated / Sunday, 18 Apr 2021
21:13
When creating each episode of
Reeling In The Years, producer John O Regan compiles his own unique soundtrack for the year in the spotlight, comprised of songs from that year, some of which then make it into the episode of the show itself - listen to John s extended 2011 mix below.
2011: The Extended Playlist:
Image Credit: Cover Art
Three-time GRAMMY® Award-winning multi-platinum band Maroon 5 debuts their latest single âBeautiful Mistakesâ featuring Megan Thee Stallion out TODAY! The single is featured on New Music Daily on Apple Music.
Click HERE to listen to âBeautiful Mistakesâ
Maroon 5 stands out as not only one of pop musicâs most enduring artists, but also one of the 21st centuryâs biggest acts. To date, the universally renowned Los Angeles band have achieved three GRAMMY® Awards, over 75 million in album sales, 400 million singles worldwide and earned gold and platinum certifications in more than 35 countries. The band won over fans and critics alike with the hybrid rock/R&B sound they introduced on their debut album, Songs About Jane and their double platinum album, It Won’t be Soon Before Long. Maroon 5 went on to release studio albums, Hands All Over, which featured the anthemic âMoves Like Jagger,â