Downtown Lays Off Australian Employees Following Concord Sale

An industry veteran with more than 18 years’ experience, Kelly joined the company in early 2018 as creative director and head of sync, covering Australia and New Zealand.
Previously, she served as creative director at BMG Australia, having joined the company as part of the acquisition of Alberts in 2016.

With Kelly at the helm, the Australasian company wasted no time. Homegrown artists Stella Donnelly, Little Quirks, Taka Perry, Elliot and John Butler Trio signed with the new affiliate, and Kelly was identified in Billboard’s International Power Players List for 2019.

It’s unclear how many staffers have been let go at the ANZ company. Those who have exited were primarily A&R and specifically involved with co-pub deals, sources say. Downtown continues to represent Australian artists with whom they have admin-only deals, and, going  forward, it’s signing new writers, though not taking any stake in their copyrights or master recordings.

Back in April, Downtown announced it had sold the portion of its publishing catalog that it had an ownership stake in and not the songs and catalogs where it serves as administrator. At the same time, the New York-based company announced its focus on being a multi-faceted service organization for unsigned artists and songwriters. In the first phase of its realignment, DashGo and Downtown Music Publishing were rebranded Downtown Music Services, with its first batch of signings and renewals announced in late June.

Source: News | Billboard

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