David Driessen promoted to Chief Commercial Officer of Downtown Music

Downtown Music (Downtown) has promoted David Driessen to chief business officer (CCO).

He shall be primarily based in New York and can proceed to report back to Downtown Music CEO Pieter van Rijn.

In response to Downtown, Driessen shall be tasked with rising the corporate’s world market share and driving income throughout 4 divisions: publishing, distribution, artist and label companies, and royalties and monetary companies.

Downtown Music mentioned Driessen’s promotion expands on his earlier tasks as chief business officer of Downtown Music, the place he performed a key position in main the crew and “driving development and serving to maximize worth for the corporate, prospects and companions.” September 3).

Driessen beforehand served as chief business officer leakageThere, he helped scale the corporate’s operations whereas overseeing total enterprise technique.

In response to Downtown, creating licensing and partnership alternatives for the corporate’s “greater than 50 million music property shall be a core focus of Driessen’s new position.”

Moreover, underneath Driessen’s management, Harmen Hemminga, Downtown’s vice chairman of product and companies technique, will “take a complete take a look at licensing points” to incorporate them in his purview and align them with Downtown’s product and companies technique, based on Downtown. mix.

Driessen’s promotion comes after Metropolis Heart just lately accomplished its integration strategy Merged CD babyenterprise into the town heart.

Downtown claims to help greater than 4 million artists and 5,000 business prospects in 150 international locations, and the corporate mentioned they’ll collectively generate greater than 1.5 trillion streams throughout main platforms by 2023.

“David’s management has been a key driver of Downtown’s success, and his promotion to chief business officer comes at an thrilling time for the corporate.”

Pieter van Rijn, Metropolis Heart Music

“David’s management has been a key driver of Downtown’s success, and his promotion to chief business officer is an thrilling time for the corporate because it just lately transitions our business-to-business and creator-focused companies,” mentioned Downtown. Built-in into one firm.

“His dedication to our artists, prospects and DSP companions allows us to proceed to unlock worth for our many companions within the world music trade.”

“Downtown is relentlessly dedicated to connecting artists with audiences, offering expertise and companies to music corporations, and making certain they get what they deserve as rapidly as attainable.”

David Driessen, Downtown

David Driessen, Chief Industrial Officer of Downtown, added: “Downtown is relentlessly dedicated to connecting artists with audiences, offering expertise and companies to music corporations, and making certain they get what they deserve as rapidly as attainable. It sounds easy, however to make it occur Targets require quite a lot of effort behind the scenes.

“When artists, labels and different rights holders belief Downtown, they know they’ve a accomplice deeply dedicated to their success.”

Elsewhere at Downtown Music in June, the corporate appointment Molly Neuman serves as president of CD Child, its direct-to-creator division.

In the meantime, in Could, the corporate roll out Acquisition of royalty processing platform creates new division known as Downtown Royalty & Monetary Companies (DR&FS) curve royalty system January 2023.

Additionally in Could, Downtown Music safe Financial institution of America is offering a further $500 million in credit score capability to increase companies to unbiased artists and document labels.

July, downtown music holdings It’s reported that Explore potential sales And it has been in talks with personal fairness corporations and no less than one main music firm.world music enterprise