Founder and CEO Justin Kalifowitz moves to the job of executive director in the new leadership alignment.
Downtown Audio Holdings — the umbrella group that residences several music-companies makes like CD Child, FUGA, Songtrust, Downtown Neighboring Rights and much more — is shaking up its govt leadership workforce. Founder and CEO Justin Kalifowitz will changeover to a new position as govt director of the corporation, even though longtime typical counsel and COO Andrew Bergman rises to the purpose of CEO. The moves will choose place successful Sept. 1.
Kalifowitz started Downtown in 2007 as a audio publisher, a small business it mostly exited in April when it bought the rights to its 145,000-music catalog of publishing copyrights to Concord in a offer approximated at $350 million. (Downtown still serves as administrator for numerous catalogs, and acquired Sheer Publishing Africa final May perhaps.) More than the decades, Kalifowitz transformed the company from a pure publisher into one particular of the foremost expert services corporations for impartial artists, providing distribution by means of various channels, publishing administration, internet marketing and economical services, royalty assortment, neighboring legal rights, digital legal rights administration, licensing and recording studios among its suite of choices and owned models.
In his new purpose as government chairman, Kalifowitz will be targeted on “driving strategic direction,” the firm said these days, as properly as main the board of administrators and doing the job with the government team on upcoming initiatives.