Downtown Music Holdings (DMH), recognized as the world's largest independent provider of services to the global music industry, has successfully completed its integration strategy. This strategic move involves merging all its business-to-business and creator-focused operations into a single entity, Downtown Music. The integration notably includes the merger of CD Baby's operations into Downtown Music, thereby broadening the accessibility of Downtown's comprehensive services to the entire global music industry. Currently, Downtown's platform supports over 4 million artists and 5,000 business clients across 150 countries, who together amassed over 1.5 trillion streams on major streaming platforms in 2023. Additionally, Downtown clients were recipients of nearly 30% of the awards at the 2024 GRAMMYs.
In alignment with this integration, Pieter van Rijn has been appointed as the CEO of Downtown Music, reporting directly to Andrew Bergman, CEO of Downtown Music Holdings. Van Rijn, who is based in Amsterdam and New York, brings a wealth of experience and a distinguished leadership record within the organization and the broader industry. His previous roles include Group President of Downtown Music and CEO of FUGA, which was acquired by DMH in 2020, and he was appointed to the Downtown Music Holdings board in 2023.
Andrew Bergman expressed his enthusiasm about the integration and van Rijn's leadership, stating, 'The integration of all of our products and services under the Downtown Music umbrella alongside Pieter's stewardship is a truly energizing moment in our journey. We bring together all the critical services that creators and businesses need to navigate the modern music industry.' Pieter van Rijn also shared his optimism, highlighting the benefits of the unified operating company for both businesses and creators supported by Downtown Music and CD Baby.
Downtown Music, operating under Downtown Music Holdings, stands as the world's leading music services company, boasting over 2 million clients in more than 145 countries and a catalog exceeding 38 million music assets across various genres and languages. The company's extensive service offerings cater to creators and businesses across all aspects of the music industry, including music creation, publishing distribution, marketing, royalty collection, financing, accounting, and payment services. For more information, visit https://www.downtownmusic.com.
