A Portfolio Company Of
Stephens Capital Partners LLC
Has Been Acquired By
AVL Digital Group
AVL Digital Group is a global network of music distribution and monetization brands, with offices in Portland (Oregon), NYC, Los Angeles, Brazil, Mexico, London, Singapore, and more. Together with AdRev, DashGo, Soundrop, Show.co, Illustrated Sound, and HostBaby, AVL Digital Group serves a diverse client base of over 900,000 artists, labels and other rights holders. AVL represents the largest independent sound-recording catalog in the music industry, distributing and monetizing over 10 million tracks across popular streaming services such as Amazon, Apple Music, Spotify and YouTube. AVL also administers the publishing rights for the largest group of songwriters in the world, with more than 200k composers enrolled in its CD Baby Pro Publishing service.
Downtown Music Holdings
Established in New York in 2007, Downtown has quickly emerged as a global leader in the modern music industry. The company's publishing division is home to some of the most iconic songs in the world including Gershwin & Heyward's "Summertime" and John Lennon and Yoko Ono's "Imagine." In 2019, its contemporary songwriters have been nominated for 18 Grammy Awards and scored multiple #1 hit singles including Lady Gaga and Bradley Cooper's "Shallow." Its Songtrust division, a global royalty collection provider, is one of the most widely used applications in the industry, serving over 170,000 songwriters and music publishers across 1.6 million song copyrights.
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