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Downtown Records Gabung dengan Universal Music Downtown Records telah menandatangani distribusi eksklusif dan kesepakatan layanan label dengan Interscope Records dan Universal Music Group belum lama ini. Perjanjian yang meliputi dua bagian ini secara efektif memindahkan katalog dari Sony (milik distribusi RED) pada UMG Universal Music Enterprises, dan memberikan Downtown Records fleksibilitas untuk memanfaatkan berbagai layanan label, termasuk pemasaran, publisitas, penjualan, produksi dan lain-lain dari Interscope. Downtown Records adalah label dari Cold War Kids, Santigold, Marilyn Manson, White Denim, Miike Snow, Chet Faker, Eagles of Death Metal, Cyndi Lauper dan masih banyak band/musisi lainnya. Kesepakatan tersebut diumumkan langsung oleh CEO Interscope/Geffen/A&M, John Janick dan EVP UMG, Michele Anthony. Pada 2006, Josh Deutsch dan Terence Lam mendirikan Downtown Records.