SEO URLwww.firestrike.ai/deals/downtown-music-virgin-music-group-acquisition-2026-8
acquisitionAnnounced · Feb 22, 2026MusicSource · SpeculativeArticle · Factual
Virgin Music Group acquires Downtown Music
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$775M
Target
Downtown Music
New York City, New York
Acquirer
Virgin Music Group
Full Acquisition
Status
Pending
Virgin Music Group agreed to acquire Downtown Music. Reported deal value: $775M. Status: Pending. Sector: Music. Target headquarters context: New York City, New York, United States.
This page summarizes publicly available information about the transaction as of 2026-02-22. Figures and status may change as filings and press coverage update.
Send an email Image: Damon Casarez Virgin Music Group has officially completed its acquisition of Downtown Music Holdings , with CEO Pieter van Rijn stepping into the role of Virgin COO, while founder Justin Kalifowitz exits the business
Deal timeline
Announced
Feb 22, 2026 · themusicnetwork.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Music with a reported deal value of $775M. Figures and status may change as sources update.
Sources: themusicnetwork.com · Primary article · FireStrike proprietary index