Universal and Virgin Music Complete Downtown Acquisition
Virgin Music Group, a division of Universal Music Group, has finalized its $775 million acquisition of Downtown, with Pieter van Rijn named COO.
20 Feb, 16:20 — 20 Feb, 17:53
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Universal and Virgin Music Complete $775 Million Acquisition of Downtown
Virgin Music Group Completes Downtown Takeover, Names Pieter van Rijn COO
Universal Music, Virgin Close $775 Million Deal to Buy Downtown In Major Expansion
Read at source (3 outlets)
Universal Music, Virgin Close $775 Million Deal to Buy Downtown In Major Expansion
The deal comes over a year after the companies first announced the acquisition in December of 2024.
By Ethan Millman
Read full article →Virgin Music Group Completes Downtown Takeover, Names Pieter van Rijn COO
The Downtown CEO steps into VMG’s COO role as founder Justin Kalifowitz departs after nearly two decades.
By Marc Schneider
Read full article →Universal and Virgin Music Complete $775 Million Acquisition of Downtown
Virgin Music Group, the independent-distribution and artist-services division of Universal Music Group, has announced the completion of its $775 million acquisition of Downtown Music Holdings LLC, one of the largest artist-services companies in the world. At the same time, Pieter van Rijn was appointed chief operating officer, having been CEO of Downtown since last year […]
By Jem Aswad
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