AVL Digital Group of Downtown Music Acquired FUGA: “It is a perfect fit,” – FUGA CEO Pieter van Rijn
Global music company Downtown Music Holdings (Downtown), announced recently that its subsidiary, AVL Digital Group (AVL), has acquired FUGA®, the Netherlands-based B2B music technology and services company. Joining Downtown Music Holdings’ portfolio of music distribution, artist and label service businesses, FUGA a B2B music technology and services company will continue to function as a standalone business within Downtown’s suite of distribution and monetization capabilities operated across AVL. As part of a broader enterprise, FUGA, its clients and partners will benefit from expanded resources, infrastructure and global scale to more quickly…