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Business News Labels & Publishers
Downtown buys Eagle-i
By Chris Cooke | Published on Thursday 21 May 2015
Downtown Music Publishing has acquired Eagle-i Music, which began life in 2011 as the publishing spin off of the Eagle Rock record company, but which wasn’t part of the deal when Universal bought the latter last year.
The deal furthers the expansion of US-based Downtown into the UK market, it having opened a London office last year. Eagle-i co-founder and MD Roberto Neri will now become MD of Downtown UK.
Confirming the deal, Downtown boss Justin Kalifowitz told reporters: “As a company, we have been fortunate to represent many of the UK’s most inspiring songwriters and publishers. British music has not only made a huge impact on our business, but continues to enrich our lives. With that in mind, I’m thrilled to welcome Roberto and the team to Downtown as we expand our operations in London”.
