Concord Music Group
Concord Music Group is a Nashville-based independent music company that develops, manages, and acquires sound recordings, music publishing, and theatrical performance rights, representing over 125,000 artists and songwriters with a catalogue of 1.3 million titles. The company is being acquired by German media giant Bertelsmann SE to merge with its BMG Rights Management division in a deal valued at up to $7 billion, creating one of the largest music companies in the world.
“BMG Rights Management / Concord — BMG (Bertelsmann) acquiring music rights company Concord. An earlier report suggested a $7b cash-and-stock pricetag.”
Source→“"An earlier report suggested a $7b cash-and-stock pricetag." BMG Rights Management / Concord — BMG (Bertelsmann) acquiring music rights company Concord.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.