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 […]
Universal and Virgin Music Complete $775 Million Acquisition of Downtown
Feb 20, 2026 | 10:20 AM