As CBO (a newly-created place), Sparkler — who beforehand served as Downtown’s government vp, enterprise improvement — will likely be tasked with overseeing the general enterprise progress of Downtown throughout shopper verticals. Since boarding the corporate in 2014, Sparkler has led the inner workforce chargeable for evaluating potential acquisitions and likewise performed a key function in securing publishing administration offers with Ryan Tedder, Phish, John Prine and Jason Isbell, amongst others. He beforehand labored at ASCAP and was a training music lawyer.
Yuan, who succeeds Bergman as COO, began at Downtown as international head of rights administration for its subsidiary Songtrust. Throughout his tenure, which started in 2018, he has helped lead integration efforts associated to Downtown’s M&A actions, together with initiatives round organizational alignment and enhancing operational technique and effectivity. He has additionally overseen the corporate’s COVID-19 response and influence throughout varied stakeholders and amenities.
The London-based Cacciotti assumes her new function after most not too long ago serving as head of business authorized affairs & licensing for Downtown subsidiary FUGA. Since becoming a member of FUGA in 2016, she performed a key half in authorized and industrial negotiations for all of FUGA’s licenses with label shoppers and DSPs throughout the globe. As Downtown’s senior vp digital licensing & enterprise affairs, she’s going to play a number one function in negotiating the industrial and authorized facets of licenses for tracks managed by Downtown and its subsidiaries, which embrace CD Child, FUGA, Songtrust and Downtown Neighboring Rights. She has almost 15 years of expertise as a music lawyer.
Sparkler and Yuan will proceed reporting on to Bergman, whereas Cacciotti will report back to chief income officer Dewayne Ector.
“I’m very happy with the breadth and depth of expertise mirrored on our government workforce,” mentioned Bergman in a press release. “The promotions of Andrew, Brad, and Loredana are recognition of the worth they’ve already delivered Downtown, and confidence of their capacity to additional our progress technique. They exhibit an unwavering dedication to our imaginative and prescient of constructing an equitable international music business and have the know-how to make it occur.”
Downtown presently manages over 23 million music property on behalf of over 1 million artists and enterprise shoppers representing 145 international locations.