Photo Credit: Downtown / Audius
Audius, the largest decentralized music community, discovery platform, and marketplace for artists and fans, signs a global deal with Downtown Music.
The deal encompasses both the recording and publishing side of Downtown’s business, and paves the way for millions of licensed recordings from Downtown’s extensive catalog to be added to Audius. It also unlocks a new way for Downtown’s artists and labels to directly connect with their fans and control how their music is monetized beyond the typical streaming model.
Artists on Audius can set their own terms and control the pricing of their music, and fans can support their favorite artists with direct payments. Music fans can seamlessly use their credit card to pay artists in USDC, which can be converted by artists and rights holders to any currency of their choice.
“Downtown’s rich client base is one of the most respected in the industry, and we’re thrilled to bring it to the Audius community,” said Roneil Rumburg, co-founder and CEO of Audius. “When artists and labels can maintain full control over how their work is shared and monetized, and fans can directly support the music they love, everyone wins.”
“At Downtown, our mission is to empower creativity, and we strive to provide our artists, songwriters, and the businesses that work alongside them with innovative opportunities to connect directly with fans and earn more from their music,” said Harmen Hemminga, VP of Product & Services Strategy, Downtown. “Audius opens new doors for creative fan engagement and monetization, putting control into the hands of artists and rights holders. We are excited to see how our clients’ catalogs thrive in this unique ecosystem.”
Having built a global ecosystem across four core service divisions—Artist & Label Services, Distribution, Music Publishing, and Royalty & Financial Services—Downtown currently supports over 4 million artists and 5,000 business clients in 150 countries.
Downtown works with artists, songwriters, and rights holders at every stage—from newcomers to hitmakers and icons—while managing the estates of some of the most beloved artists in the history of popular music. These include Meat Loaf, Miles Davis, and John Lennon & Yoko Ono.
Recently, Downtown has signed deals with Neton Vega (Downtown Artist & Label Services), Jason Mraz (Downtown Neighboring Rights), Pamungkas (FUGA), and Cameron Montgomery (Downtown Music Publishing).
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