• D. M. H. Joins Forces with UMG and Virgin Music Group in $775M Deal

  • Feb 20 2025
  • Length: 14 mins
  • Podcast

D. M. H. Joins Forces with UMG and Virgin Music Group in $775M Deal

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  • Summary

  • Virgin Music Group, a division of Universal Music Group (UMG), has announced a definitive agreement to acquire Downtown Music Holdings for $775 million. This acquisition, expected to close in the second half of 2025, will bring together two leading providers of music services and technology for independent labels, publishers, and music IP owners.

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