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vumaala
2.2K posts

vumaala
@vumaala
South African 🇿🇦 • Producer | Songwriter •
Los Angeles, CA Katılım Nisan 2012
726 Takip Edilen5.2K Takipçiler

@AbelowRob Surely there’s some sort of antitrust situation the feds should be eying?
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Big news for the indie music world.
UMG just bought Downtown Music for $775M.
Downtown houses some of the most vital tools & services available to the independent music sector:
CD Baby→ Distribution for 2m artists
FUGA→ Infra for top indie labels & services
Songtrust→ Pub admin for 445k songwriters
Curve→ Royalty services for 1,500 indie labels
UMG now owns this ecosystem—giving them control over distribution, publishing & label services that power countless independents.
Every year, indies gain market share.
Majors fight back the only way they know how: consolidation.
Sony bought AWAL for $420M
UMG just bought indie stalwart PIAS.
Now Downtown.
I guess if you can’t beat the indies, buy them.
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@DESAWBAYT That’s so kind! I will let you know when it’s up - I really appreciate the support 🙏🏾
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Ok hear me out what if all the @OfficialManana Manana fans picked a date and we just played our favorite song on repeat the whole night? 👀
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