Downtown Music Holdings’ latest acquisition is… FUGA
Posted on: 22 janvier 2020, by : Stuart Dredge

Downtown Music Holdings, the parent company of Downtown Music Publishing and Songtrust, is buying distributor and music/tech services company FUGA, for an undisclosed amount.
The deal comes just 10 months after Downtown made a splash with the acquisition of AVL Digital Group, whose subsidiaries included CD Baby, AdRev, DashGo and Soundrop.
AVL is the entity making the acquisition of FUGA, which means that the latter will now be a sister company of CD Baby under the AVL umbrella. Downtown says that FUGA will “continue to function as a standalone business” within the group.
The post Downtown Music Holdings’ latest acquisition is… FUGA appeared first on Music Ally.
Source: Music ally

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