Universal Music Group (UMG) has closed the $775 million acquisition of Downtown Music Holdings LLC, through its division Virgin Music Group (VMG). The completion of the...
Virgin Music Group — Universal Music Group's services and distribution division for the independent sector — has entered into "a definitive agreement" to acquire independent music...
Downtown Music Holdings has promoted Scott Williams to the position of President of CD Baby, the distribution company for independent artists, and Soundrop, a low-cost music...
