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{{Short description|American independent music company}}
{{Use mdy dates|date=August 2021}}
{{Infobox company {{Infobox company
| name = Concord Music | name = Concord Music Group
| logo = Concord Music logo.png | logo = ConcordMG_logo_Final.jpg
| type = ] | type = ]
| area_served = | industry = Music
| key_people = | owner =
| parent =
| industry = Music, entertainment
| key_people = Glen Barros (CEO)<ref>{{citation |last=Ingham |first=Tim |title=Concord COO Glen Barros exits company after 25 years, launches new venture |work=] |date=December 20, 2019 |url=https://www.musicbusinessworldwide.com/concord-coo-glen-barros-exits-company-after-25-years-launches-new-venture |archive-url=https://archive.today/20241012063844/https://www.musicbusinessworldwide.com/concord-coo-glen-barros-exits-company-after-25-years-launches-new-venture/ |archive-date=October 12, 2024 |url-status=live}}</ref>
| products =
⚫ | num_employees =
| revenue =
| footnotes =
| operating_income =
| successor = ] <br>(2015–present)<br>
| net_income =
| predecessor = ]<br>(1973–2004)<br>
| owner = Alchemy Copyrights
| foundation = 2004
| parent = ]<br>(])
| defunct = 2015
⚫ | num_employees =
⚫ | location = ]
| footnotes = Distributed by ]
| foundation = 1973 | website =
⚫ | location = ]
| homepage =
}} }}


'''Concord Music''' is an independent music company based in Beverly Hills, California, with worldwide (including the U.S) distribution through ].<ref>, ''Billboard'', 5 December 2012</ref><ref> , ''Billboard'', 25 March 2013</ref> The company is specialized in recordings (Concord Records, Fantasy Records, Loma Vista Recordings) and music publishing (The Bicycle Music Company, ]). As of September 2017, Concord is the fifth-largest music company in the world.<ref>http://www.billboard.com/biz/articles/news/record-labels/7965800/not-just-jazz-inside-concord-musics-buying-spree</ref> '''Concord Music Group''' was an American independent music company based in ], with worldwide (including the U.S.) distribution through ].<ref>, ''Billboard'', December 5, 2012</ref><ref>, ''Billboard'', March 25, 2013</ref> The company specialized in recordings and music publishing. On April 1, 2015, Concord Music Group merged with Bicycle Music Company to become ].<ref name=":0" />

Concord Music's active roster includes ], ], ], ],<ref>American Songwriter , ''American Songwriter'', October 3, 2012</ref> ], ], ], ], ], ], ], ] and ]. The company’s master catalog recordings includes ], ], ], ], ], ], ], ], ], ], ], ] and ].<ref>American Songwriter , ''American Songwriter'', 14 April 2013</ref>


==History== ==History==
In 2004, ] acquired Fantasy, Inc., owner of the ], ], ], ], ], and the post-Atlantic ] catalog. Concord then combined with Fantasy to form the independent Concord Music Group (CMG).<ref name="completes">{{cite web |title=Concord Records Completes Acquisition of Fantasy, Inc. |url=https://www.businesswire.com/news/home/20041201005290/en/Concord-Records-Completes-Acquisition-Fantasy |website=www.businesswire.com |access-date=January 17, 2019 |date=December 1, 2004}}</ref> Also in 2004, CMG partnered with Starbucks to release the ] album '']'',<ref name="partner">{{cite web |title=Concord Records and Starbucks Partner to Create Historic Ray Charles Duets CD |url=https://www.businesswire.com/news/home/20040323005692/en/Concord-Records-Starbucks-Partner-Create-Historic-Ray |website=www.businesswire.com |access-date=January 17, 2019 |date=March 23, 2004}}</ref> which won eight GRAMMY Awards, including Album of the Year.<ref name="Boucher">{{cite web |last1=Boucher |first1=Geoff |title=Ray's 'Genius' Loves Company |url=https://www.latimes.com/archives/la-xpm-2005-feb-14-et-grammys14-story.html |website=Los Angeles Times |access-date=January 17, 2019 |date=February 14, 2005}}</ref> In 2005, CMG bought ].<ref name="telarc">{{cite web |title=Concord Music buys Telarc |url=https://www.latimes.com/archives/la-xpm-2005-dec-21-et-quick21.4-story.html |website=Los Angeles Times |access-date=January 17, 2019 |date=December 21, 2005}}</ref> On December 18, 2006, CMG announced the re-launch of the soul label Stax; rights to the name were formerly held by Fantasy. New singers included ] and ].<ref name="stax">{{cite magazine |title=Stax Relaunches With Hayes, Stone, White Tribute |url=https://www.billboard.com/articles/news/56410/stax-relaunches-with-hayes-stone-white-tribute |magazine=Billboard |access-date=January 17, 2019 |date=December 18, 2006}}</ref>
The company was founded in 1973 in ] by Carl Jefferson, an auto dealer and jazz enthusiast. Jefferson produced the first ] recording by guitarists ] and ]. He named the label after the Concord Jazz Festival, which he had organized some years earlier. Jefferson sold Concord to Alliance Entertainment in 1994 and died the following year.<ref>Jazz Times , ''Jazz Times'', November 1998</ref> In 1999, film/television producer ] and entertainment executive Hal Gaba purchased the company. In 2002, the label's headquarters were moved to Beverly Hills, California.<ref>Los Angeles Times , ''Los Angeles Times'', March 13, 2009</ref>


On March 12, 2007, Concord Music Group and ] jointly founded the ] label.<ref name="Woodward">{{cite web |last1=Woodward |first1=Curt |title=Starbucks launches Hear Music record label |url=https://www.seattletimes.com/business/starbucks-launches-hear-music-record-label/ |website=The Seattle Times |access-date=September 20, 2018 |date=March 12, 2007}}</ref> Paul McCartney's album '']'' was released in June 2007.<ref>About.com Classic Rock {{Webarchive|url=https://web.archive.org/web/20130404012639/http://classicrock.about.com/od/artistsnz/a/mc_memory.htm |date=April 4, 2013 }}, ''About.com Classic Rock''</ref> Hear Music went on to release albums by ], ], ], ] and ].
In 2004 ] acquired Fantasy, Inc., owner of Prestige, Fantasy, Milestone, Riverside, and Specialty, and the post-Atlantic Stax catalog. Concord then combined with Fantasy to form the independent Concord Music Group.<ref>Eric Olsen , ''BlogCritics.org'', 2 December 2004</ref> That same year, Concord first partnered with Starbucks to release Ray Charles’s Genius Loves Company – which won 8 Grammy Awards, including Album of the Year.<ref>Today , ''Today'', 29 May 2006</ref> In 2005, the company acquired the classics and jazz label ].<ref>Staff Writer , ''Los Angeles Times'', 21 December 2005</ref> On December 18, 2006, Concord announced the re-launch of the soul label ]; rights to the name were formerly held by Fantasy. New signings included ] and ].<ref>, ''Billboard Magazine'', 19 December 2006</ref>


On March 12, 2007, Concord Music Group and ] jointly founded the ] label.<ref>Seattle Times , ''Seattle Times'', 12 March 2007</ref> Hear Music’s initial release, Paul McCartney’s Memory Almost Full, was released in June of ‘07.<ref>About.com Classic Rock , ''About.com Classic Rock''</ref> Hear Music has since released albums by artists that include ], ], ], ] and more.<ref>{{cite web|url=http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news_view&newsId=20070312006132&newsLang=en |title=Starbucks Launches Hear Music Record Label |publisher=Home.businesswire.com |date=2007-03-12 |accessdate=2013-07-12}}</ref> In 2008, Village Roadshow Pictures Group (VRPG) and Concord completed their merger resulting in the creation of the new diversified entertainment group, Village Roadshow Entertainment Group.<ref>Suzi Price , ''JazzReview.com'', 29 January 2008</ref> In April 2010 it was announced that Paul McCartney transferred the distribution rights of his post-] output to Concord from ].<ref>Sean Michaels , ''The Guardian'', 22 April 2010</ref> In 2008, Village Roadshow Pictures Group (VRPG) and CMG completed their merger resulting in the creation of the new diversified entertainment group, ].<ref>Suzi Price , ''JazzReview.com'', January 29, 2008</ref> In April 2010 it was announced that Paul McCartney transferred the distribution rights of his post-] output to Concord from ].<ref>Sean Michaels , ''The Guardian'', April 22, 2010</ref>


CMG purchased ] in 2010.<ref name="rounder">{{cite web |last1=Lawless |first1=John |title=Rounder acquired by Concord Music Group |url=https://bluegrasstoday.com/rounder-acquired-by-concord-music-group/ |website=Bluegrass Today |access-date=January 17, 2019 |date=April 14, 2010}}</ref> In 2012, Concord Music Group designated four distinct operating units: Fantasy Label Group (Hear Music, Stax, Fantasy), Rounder Label Group, Concord-Telarc Label Group (Concord Jazz/Heads-Up/Telarc) and Prestige Group.
Concord purchased Rounder Records in 2010.<ref>Kristen Callihan , ''Paste Magazine'', 16 April 2012</ref>
Distribution is mainly handled by ].<ref name="concordmusicgroup1">{{cite web|url=http://www.concordmusicgroup.com/distribution/ |title=Distribution |publisher=Concord Music Group |date=2012-01-03 |accessdate=2013-07-12}}</ref> In smaller markets, such as those in Africa and Eastern Europe, local independent labels that represent Universal license the catalogue.<ref name="concordmusicgroup1"/> In 2012 Concord Music Group designated four distinct operating units: Fantasy Label Group (Hear Music, Stax, Fantasy), Rounder Label Group, Concord-Telarc Label Group (Concord Jazz/Heads-Up/Telarc) and Prestige Group.


Esperanza Spalding was honored with the Best New Artist Grammy in 2011, a first for Concord.<ref>Huffington Post , ''Huffington Post'', 25 May 2011</ref> Esperanza Spalding was honored with the Best New Artist GRAMMY in 2011, a first for Concord Records.<ref>Huffington Post , ''Huffington Post'', May 25, 2011</ref> CMG artists won 8 GRAMMY Awards at the 2013 Awards ceremony, the most of any label group.<ref>, ''Billboard.com'', February 11, 2013</ref>
Concord Music Group artists won 8 Grammy Awards at the 2013 Awards ceremony, the most of any label.<ref> , ''Billboard.com'', 11 February 2013</ref>


On March 25, 2013, Wood Creek Capital Management, an affiliate of ], purchased Concord Music Group from ].<ref> , ''Billboard.com'', 25 March 2013</ref> On October 31, 2013, The Bicycle Music Company acquired ] back catalog including the master recordings of 1,600 songs including albums by Creed, Evanescence, Seether and Alter Bridge. The Bicycle Music Company then cut a service agreement deal with sister company Concord Music Group to market the acquired ] back catalog to retailers and consumers.<ref> , ''Billboard.com'', 31 October 2013</ref> On March 25, 2013, Wood Creek Capital Management, (now ], an affiliate of ]), purchased Concord Music Group from ].<ref>, ''Billboard.com'', March 25, 2013</ref> On October 31, 2013, music publisher The ] acquired ] back catalog including the master recordings of 1,600 songs including albums by Creed, Evanescence, Seether and Alter Bridge. The Bicycle Music Company then entered into a service agreement deal with sister company Concord Music Group to market the acquired ] and other back catalogs to retailers and consumers.<ref>, ''Billboard.com'', October 31, 2013</ref>


On July 1, 2014, Tom Whalley's label, Loma Vista Recordings (home to St. Vincent, Little Dragon, Spoon, Cut Copy, Marilyn Manson, Ghost, and the Grammy-nominated ''Django Unchained'' soundtrack, among others) agreed to a new multi-year, worldwide strategic partnership with Concord Music Group. Under the terms of the agreement, Concord provides funding for new talent relationships and artist development, as well as comprehensive label services for Loma Vista.<ref>, ''Billboard.com'', 1 July 2014</ref> On July 8, 2014, Concord Music Group announced the acquisition of the Vee-Jay Records catalog including over 5,000 master recordings from Little Richard, John Lee Hooker, Betty Everett, Jimmy Reed, Jerry Butler, The Staple Singers, Gene Chandler, and the Dells, among many others.<ref>, ''Billboard.com'', 8 July 2014</ref> On July 1, 2014, Tom Whalley's label, Loma Vista Recordings (home to St. Vincent, Little Dragon, Spoon, Cut Copy, Marilyn Manson, Ghost, and the GRAMMY-nominated ''Django Unchained'' soundtrack, among others) agreed to a new multi-year, worldwide strategic partnership with Concord Music Group. Under the terms of the agreement, CMG provided funding for new talent relationships and artist development, as well as comprehensive label services for Loma Vista.<ref>, ''Billboard.com'', July 1, 2014</ref> On July 8, 2014, Concord Music Group announced the acquisition of the ] catalog including over 5,000 master recordings from Little Richard, John Lee Hooker, Betty Everett, Jimmy Reed, Jerry Butler, The Staple Singers, Gene Chandler and the Dells, among many others.<ref>, ''Billboard.com'', July 8, 2014</ref>


On April 1, 2015, Concord Music Group announced that it had acquired ] and ] from the ]. Simultaneously, it was also announced that Concord Music Group merged with the Bicycle Music Company, a leading independent music publisher, record label, and rights manager to form the fully integrated recorded music and publishing company Concord Bicycle Music. Concord Music and Bicycle Music will operate as individual divisions within Concord Bicycle Music, with Concord Music Group being primarily responsible for recorded music activities and Bicycle overseeing publishing and rights management.<ref>, ''Billboard.com'', 1 April 2015</ref> In May 2015, Concord Bicycle Music acquired ] and the rest of ], the latter's back catalogue having been acquired by The Bicycle Music Company in October 2013.<ref> {{webarchive |url=https://web.archive.org/web/20150518075653/http://www.musicweek.com/news/read/concord-bicycle-music-acquires-wind-up-records-and-fearless-records/061699 |date=May 18, 2015 }}</ref> The Fearless acquisition also included Fearless Records' Fearmore Music Publishing, along with the company’s in-house merchandise operation.<ref>, ''Billboard.com'', 6 May 2015</ref> On April 1, 2015, it was announced that Concord Music Group merged with the Bicycle Music Company, a leading independent music publisher, record label and rights manager to form the fully integrated recorded music and publishing company Concord Bicycle Music. Concord Music and Bicycle Music operated as individual divisions within Concord Bicycle Music (CBM), with Concord Music Group being primarily responsible for recorded music activities and Bicycle overseeing publishing and rights management.<ref name=":0">, ''Billboard.com'', April 1, 2015</ref> CBM then immediately announced that it had acquired ] and ] from the ].<ref name=":0" />

In September 2015 Concord acquired a significant stake in ], which includes the Razor & Tie and Washington Square labels, a publishing company, and the ] franchise. Artists on the Razor & Tie label include ], ], ] and ].<ref name="Razor">{{cite web|last1=Newman|first1=Melinda|title=Razor & Tie Forms New Company With Concord Bicycle Music: Exclusive|url=http://www.billboard.com/articles/business/6714569/razor-tie-partner-concord-bicycle-music-exclusive|website=Billboard|accessdate=8 September 2016|date=30 September 2015}}</ref>

On June 2, 2017, Concord acquired the music publisher ] <ref>{{Cite web|url=http://www.musicconnection.com/concord-bicycle-music-aquires-imagem-music-group/|title=Concord Bicycle Music Acquires Imagem Music Group|website=Music Connection|language=en-US|access-date=2017-11-10}}</ref>for $500 million. This deal included the rights to artists such as ], ], ], and ].<ref>{{cite web|last=Ingham |first=Tim |url=https://www.musicbusinessworldwide.com/concords-500m-purchase-of-imagem-marks-the-birth-of-a-major-player-in-music/ |title=Concord's $500m+ Imagem buy marks the birth of a major player in music |publisher=Music Business Worldwide |date=2017-06-02 |accessdate=2017-07-12}}</ref> In July 2017, Concord acquired the back catalogues of several former ] artists, including ] and ].<ref>https://www.musicbusinessworldwide.com/concord-buys-yet-multi-million-dollar-deal-warner</ref>

On February 1, 2018, Concord acquired ] <ref>{{Cite web|url=http://www.playbill.com/article/concord-music-expands-theatrical-reach-with-acquisition-of-tams-witmark-music-library|title=Concord Music Expands Theatrical Reach With Acquisition of Tams-Witmark Music Library {{!}} Playbill|website=Playbill|language=en|access-date=2018-02-01}}</ref>, which licenses ] ] and ] to professional and amateur theaters. Among the many notable properties handled by Tams-Witmark are '']''; '']''; '']''; '']''; '']''; '']''; '']'' and '']''. In February 2018, Concord acquired the classical soundtrack label ].<ref>https://www.musicbusinessworldwide.com/concord-music-buys-movie-music-label-varese-sarabande/</ref>


==Labels== ==Labels==
{{main|List of Concord Music Group labels}} {{main|List of Concord record labels}}


==References== ==References==
{{Reflist|colwidth=30em}} {{Reflist}}


⚫ {{Concord}}


{{Authority control}}
==External links==
*

⚫ {{Concord}}
{{Fearless Records}}


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Latest revision as of 16:21, 4 November 2024

American independent music company

Concord Music Group
Company typePrivate
IndustryMusic
PredecessorConcord Records
(1973–2004)
Founded2004
Defunct2015
SuccessorConcord
(2015–present)
HeadquartersBeverly Hills, California
Key peopleGlen Barros (CEO)
Websiteconcord.com Edit this on Wikidata

Concord Music Group was an American independent music company based in Beverly Hills, California, with worldwide (including the U.S.) distribution through Universal Music Group. The company specialized in recordings and music publishing. On April 1, 2015, Concord Music Group merged with Bicycle Music Company to become Concord Bicycle Music.

History

In 2004, Concord Records acquired Fantasy, Inc., owner of the Prestige, Fantasy, Milestone, Riverside, Specialty, and the post-Atlantic Stax catalog. Concord then combined with Fantasy to form the independent Concord Music Group (CMG). Also in 2004, CMG partnered with Starbucks to release the Ray Charles album Genius Loves Company, which won eight GRAMMY Awards, including Album of the Year. In 2005, CMG bought Telarc. On December 18, 2006, CMG announced the re-launch of the soul label Stax; rights to the name were formerly held by Fantasy. New singers included Isaac Hayes and Angie Stone.

On March 12, 2007, Concord Music Group and Starbucks jointly founded the Hear Music label. Paul McCartney's album Memory Almost Full was released in June 2007. Hear Music went on to release albums by Joni Mitchell, James Taylor, Alanis Morissette, Carly Simon and John Mellencamp.

In 2008, Village Roadshow Pictures Group (VRPG) and CMG completed their merger resulting in the creation of the new diversified entertainment group, Village Roadshow Entertainment Group. In April 2010 it was announced that Paul McCartney transferred the distribution rights of his post-Beatles output to Concord from EMI.

CMG purchased Rounder Records in 2010. In 2012, Concord Music Group designated four distinct operating units: Fantasy Label Group (Hear Music, Stax, Fantasy), Rounder Label Group, Concord-Telarc Label Group (Concord Jazz/Heads-Up/Telarc) and Prestige Group.

Esperanza Spalding was honored with the Best New Artist GRAMMY in 2011, a first for Concord Records. CMG artists won 8 GRAMMY Awards at the 2013 Awards ceremony, the most of any label group.

On March 25, 2013, Wood Creek Capital Management, (now Barings LLC, an affiliate of MassMutual Financial Group), purchased Concord Music Group from Village Roadshow Entertainment Group. On October 31, 2013, music publisher The Bicycle Music Company acquired Wind-up Records back catalog including the master recordings of 1,600 songs including albums by Creed, Evanescence, Seether and Alter Bridge. The Bicycle Music Company then entered into a service agreement deal with sister company Concord Music Group to market the acquired Wind-up Records and other back catalogs to retailers and consumers.

On July 1, 2014, Tom Whalley's label, Loma Vista Recordings (home to St. Vincent, Little Dragon, Spoon, Cut Copy, Marilyn Manson, Ghost, and the GRAMMY-nominated Django Unchained soundtrack, among others) agreed to a new multi-year, worldwide strategic partnership with Concord Music Group. Under the terms of the agreement, CMG provided funding for new talent relationships and artist development, as well as comprehensive label services for Loma Vista. On July 8, 2014, Concord Music Group announced the acquisition of the Vee-Jay Records catalog including over 5,000 master recordings from Little Richard, John Lee Hooker, Betty Everett, Jimmy Reed, Jerry Butler, The Staple Singers, Gene Chandler and the Dells, among many others.

On April 1, 2015, it was announced that Concord Music Group merged with the Bicycle Music Company, a leading independent music publisher, record label and rights manager to form the fully integrated recorded music and publishing company Concord Bicycle Music. Concord Music and Bicycle Music operated as individual divisions within Concord Bicycle Music (CBM), with Concord Music Group being primarily responsible for recorded music activities and Bicycle overseeing publishing and rights management. CBM then immediately announced that it had acquired Vanguard Records and Sugar Hill Records from the Welk Music Group.

Labels

Main article: List of Concord record labels

References

  1. Ingham, Tim (December 20, 2019), "Concord COO Glen Barros exits company after 25 years, launches new venture", Music Business Worldwide, archived from the original on October 12, 2024
  2. "Concord Music Being Shopped to Private-Equity Firms, Not Strategic Suitors", Billboard, December 5, 2012
  3. "Concord Music Group to be Sold to Wood Creek Capital Management", Billboard, March 25, 2013
  4. ^ "Concord and Bicycle Merge to Form Concord Bicycle Music, Acquires Vanguard and Sugar Hill Records", Billboard.com, April 1, 2015
  5. "Concord Records Completes Acquisition of Fantasy, Inc". www.businesswire.com. December 1, 2004. Retrieved January 17, 2019.
  6. "Concord Records and Starbucks Partner to Create Historic Ray Charles Duets CD". www.businesswire.com. March 23, 2004. Retrieved January 17, 2019.
  7. Boucher, Geoff (February 14, 2005). "Ray's 'Genius' Loves Company". Los Angeles Times. Retrieved January 17, 2019.
  8. "Concord Music buys Telarc". Los Angeles Times. December 21, 2005. Retrieved January 17, 2019.
  9. "Stax Relaunches With Hayes, Stone, White Tribute". Billboard. December 18, 2006. Retrieved January 17, 2019.
  10. Woodward, Curt (March 12, 2007). "Starbucks launches Hear Music record label". The Seattle Times. Retrieved September 20, 2018.
  11. About.com Classic Rock "Paul McCartney - Memory Almost Full" Archived April 4, 2013, at the Wayback Machine, About.com Classic Rock
  12. Suzi Price "Village Roadshow Pictures Group And Concord Music Group Join Forces", JazzReview.com, January 29, 2008
  13. Sean Michaels "Paul McCartney cuts ties with EMI", The Guardian, April 22, 2010
  14. Lawless, John (April 14, 2010). "Rounder acquired by Concord Music Group". Bluegrass Today. Retrieved January 17, 2019.
  15. Huffington Post "Esperanza Spalding: Grammy Award 2011 Winner For Best New Artist", Huffington Post, May 25, 2011
  16. "Concord, Warner Bros. Lead Record Labels With Most Grammy Awards at 2013 Ceremony", Billboard.com, February 11, 2013
  17. "Concord Music Group to be Sold to Wood Creek Capital Management", Billboard.com, March 25, 2013
  18. "Bicycle Music Acquires Wind-Up Records' Back Catalog, Cuts Deal with Concord Music Group (Exclusive)", Billboard.com, October 31, 2013
  19. "Tom Whalley's Loma Vista Goes to Concord Music Group", Billboard.com, July 1, 2014
  20. "Concord Music Group Acquires Famed Soul Label Vee-Jay Records", Billboard.com, July 8, 2014
Concord
Concord Label Group
Concord Records / Rounder Records
Concord Jazz
Craft Recordings
Craft Latino Recordings
Easy Eye Sound
  • (Joint Venture)
Fantasy Records
Fearless Records
KIDZ BOP
  • Music for Little People
Loma Vista Recordings
  • (Joint Venture)
Stax Records
Concord Music Publishing
Concord Originals
Concord Theatricals
Defunct/Inactive
Categories: