Downtown pivots to label services, sells music catalog to Concord
In seeking to re-orient its focus, Downtown Holding Corp revealed that it has sold it’s music publishing catalog to Concord, and will shifting it’s business to put greater focus on the music services sector.
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Downtown Holding Corp announced it has sold its music publishing stake to Concord and plans to re-orient its business to focus on the music services sector.
The deal with Concord included Downtown Music Publishing’s complete catalog of music publishing rights, including 145,000 owned and co-published music copyrights from artists such as Aretha Franklin, Beyoncé, Blake Shelton, Bruno Mars, Carrie Underwood, David Bowie, Eric Clapton, the Grateful Dead, Jay-Z, Lady Gaga, Madonna, Maroon 5, Marvin Gaye, Mary J. Blige, Mos Def, Mötley Crüe, New Order, Rage Against the Machine, Ray Charles, Santigold, Sam Smith, Stevie Wonder, and The 1975 among many others.