Downtown Music
Downtown Music is a New York City-based company that offers royalty services, accounting, and payments for over 50 million music assets globally, representing over 20 million songs across 145 countries.
Services
Downtown Music offers a comprehensive range of services designed to support independent music creators and businesses. The company has launched the Downtown Royalties & Financial Services Division to streamline royalty services, accounting, and payments, making them faster and simpler. Their advanced analytics, machine learning techniques, and patented signal processing help creators and their teams protect and monetize their work. They provide instant access to statement balances and detailed analytics broken down by territory, usage type, and income source. Additionally, Downtown Music supports over 1,000 labels and publishers worldwide through Curve.
Global Reach and Operation
Downtown Music is headquartered in New York City and operates globally, with over 500 employees stationed in 23 cities worldwide. The company services over 50 million music assets from hundreds of countries across six continents and represents over 20 million songs distributed in more than 145 countries. Their offices are located in major cities including Amsterdam, Bogotá, Buenos Aires, Concepción, Johannesburg, London, Los Angeles, Mexico City, Milan, Nashville, New Delhi, New York, Paris, Portland, São Paulo, Seoul, Singapore, Sydney, Tokyo, and Toronto.
Brand Portfolio
Downtown Music's extensive portfolio includes well-known brands such as CD Baby, Curve, Downtown Artist & Label Services, Downtown Music Publishing, Downtown Music Studios, Downtown Neighbouring Rights, Found.ee, FUGA, Sheer Publishing Africa, Songtrust, and Soundrop. These brands collectively support various aspects of the music industry, from publishing and artist services to neighboring rights and marketing tools.
Partnerships and Collaborations
Downtown Music actively collaborates with governments, academia, and community organizations to promote a more equitable and thriving global creative class. They have entered into an international agreement with Position Music and TH3RD BRAIN Records for neighboring rights representation. Additionally, they have partnered with TCG World and STYNGR to unveil an innovative music collectible powered by the XRP ledger. Downtown Music is also active in leading music industry trade organizations and technology working groups.
Expansion and Financial Initiatives
Downtown Music is advancing its financial capabilities and global reach through significant initiatives. The company plans to advance $500 million in independent music through a Bank of America-led credit facility. This move reinforces Downtown Music's commitment to supporting independent creators and businesses financially. Their ongoing efforts demonstrate a strong dedication to fostering growth and sustainability within the music industry.