Downtown Music Holdings (Downtown℠), the leading music services provider to the global music industry, has announced a further round of senior executive promotions as it expands its Legal and Business Affairs team.

Exceleration Music, a company formed to enhance the future of independent labels and artists, is forming a strategic partnership with the groundbreaking US independent label Kill Rock Stars.

FUGA, the world’s leading full-service B2B distributor, has signed a deal with Mascot Label Group, the independent label family home to artists such as Black Stone Cherry, Beth Hart, Shaman’s Harvest, Vola and Dragged Under.

Hot on the heels of its recent partnership with LA label SideOneDummy, Exceleration Music, the fast-growing company formed to enhance the future of independent labels and artists, is set to mark the first year anniversary of its partnership with a number of key new executive hires.

The acquisition will help Utopia supercharge song economics and accelerate royalty payouts for creators as well as have Proper Music Group benefit from Utopia’s massive data repository and streaming operations.

The Face-value European Alliance for Ticketing (FEAT) — the organisation formed to promote better ticket resale practices across Europe — will today launch a guide for FEAT members and European promoters on how to deal with suspected touted tickets.

DjookyX, the world’s first marketplace for trading rights in new and unreleased music, has completed its first auction.

Exceleration Music, a company formed to enhance the future of independent labels and artists, is launching a strategic partnership with influential Los Angeles-based indie label SideOneDummy Records.

Djooky, the music and fintech startup setting out to decentralise the recordings business, has launched DjookyX, a new platform for fans to invest in music rights.