music business deals
Universal Music Group’s Virgin Music Group said on Monday it agreed to buy Downtown Music Holdings for $775 million cash in a deal that will bolster the world’s largest music company’s slice of the independent music segment. Founded in 2007 in New York, Downtown Music Holdings is the parent company of the direct-to-creator distributor CD Baby, […]
A year that could have been sleepy ended up hosting a slew of massive deals, from starry catalog acquisitions to top-dollar asset-backed securities deals.
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