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Concord is an independent creative rights company that develops, manages and acquires sound recordings, music publishing rights and theatrical performance rights. It is a private company, funded by long-term institutional capital and members of Concord's management team. As of the beginning of 2021, the company has approximately 600 staff members in Los Angeles, New York, Nashville (headquarters), London, Berlin and Miami.
Concord's master recording portfolio contains more than 260,000 active songs, while its publishing catalog contains more than 600,000 copyrighted works spanning all musical genres.
Concord Theatricals, a division of Concord, provides a comprehensive service to the creators and producers of plays and musicals, including theatrical licensing, music publishing, script publishing, cast recording and first-class production. Authors it represents include Irving Berlin, Marvin Hamlisch, Lorraine Hansberry, Andrew Lloyd Webber, Lin-Manuel Miranda, Rodgers and Hammerstein and August Wilson.
The origins of Concord can be traced back to when auto dealer and jazz enthusiast Carl Jefferson started the Concord Jazz record label in 1973. He sold the label to Alliance Entertainment in 1994 and succumbed to cancer the following year. In 1999, film/television producer Norman Lear and entertainment executive Hal Gaba purchased the company (Concord Jazz and Concord Records) after Alliance filed for bankruptcy.
In 2004, Concord Records acquired Fantasy, Inc., owner of Prestige, Fantasy, Milestone, Riverside Specialty, and the post-Atlantic Stax catalog. Concord then combined with Fantasy to form the Concord Music Group. Several label acquisitions and partnerships followed including Telarc (2005) and Rounder Records (2010).
In 2013, Concord Music Group was acquired by an investor group led by Wood Creek Capital Management and Sound Investors, LLC. Many of the same investors also owned a majority interest in independent music publisher Bicycle Music Company.
In 2017, Concord Bicycle Music purchased European-based publishing company Imagem Music Group. After acquiring two theatrical licensing companies, Tams-Witmark Music Library and Samuel French in 2018, the company formed its own Theatricals division.
The company changed its name to Concord in early 2019. Concord operates in three principal lines of business: Music Publishing, Recorded Music and Theatricals.
Concord Music Publishing
In 2017, when Concord purchased the Imagem Music Group, it tripled the size of its catalog bringing it to nearly 400,000 copyrights. The Imagem purchase also brought classical music publisher Boosey & Hawkes and The Rodgers & Hammerstein Organization into Concord Music Publishing. Concord's publishing catalog now includes a vast array of popular music, classical music and many song and stage standards.
In January 2020, Concord acquired a stake in PULSE Music Group, a move into chart-focused A&R. Effective July 2020, Concord will administer the catalog and future signings for PULSE, an additional 10,000 songs.
As of 2020, Concord Music Publishing's active roster includes Mark Ronson, Hillary Lindsey, Noah Goldstein, Ruston Kelly, Denzel Curry, Walshy Fire, Varren Wade, Tofer Brown, Steve Robson, Justin Parker, Dolly Parton, Steve Reich, John Adams, Eric Whitacre, The Revivalists, Jacob Collier, Glen Ballard and Jason Robert Brown.
Concord Music Publishing's catalog of songwriters and composers includes Pink Floyd, Daft Punk, Iron Maiden, Phil Collins, Igor Stravinsky, George Harrison,Imagine Dragons, Sammy Cahn, John Fogerty, Robert Johnson, Trent Reznor, Pete Seeger, Irving Berlin, Aaron Copland, Joan Sebastian, Marvin Hamlisch, Leonard Bernstein and Sergei Prokofiev.
Concord Recorded Music is made up of the original Concord Music Group labels at the time of the Bicycle Music merger (Concord Records, Concord Jazz, Fantasy, Rounder) as well as Loma Vista Recordings (2014),Fearless Records (2015) and Easy Eye Sound. This area of Concord's business also includes its KIDZ BOP brand and its Craft Recordings catalog division. In early 2019, the company opened an office in Miami for Craft Latino Recordings.
Craft represents the many labels for which these artists' originally recorded, including Sugar Hill, Vanguard, Musart, Savoy Jazz, Stax Vee-Jay, Fania, Independiente and Varese Sarabande. Craft also represents the R.E.M. catalog originally released under Warner Bros. Records.
Concord's KIDZ BOP label has sold 20 million albums, generated 3 billion streams, has a featured channel on Sirius XM and an international tour under its name.
Concord purchased theatrical licensing companies Tams-Witmark and Samuel French, and combining then with R&H Theatricals, launched its Theatrical division in 2018. Concord Theatricals services both creators and producers of musicals and plays with theatrical licensing, script publishing and cast recordings. It also develops, licenses, produces and invests in musicals and plays for production.
Concord Theatricals also licenses hundreds of Broadway musicals including Wizard of Oz, A Chorus Line,Hello Dolly, Bye Bye Birdie, Dreamgirls,Hair,Gypsy,SIX,Spongebob The Musical and Hadestown.
Concord Theatricals also works with Andrew Lloyd Webber and the Really Useful Group to license the composer and his collaborators' musicals, including Jesus Christ Superstar, School of Rock, Evita,Cats, and Joseph and the Amazing Technicolor Dreamcoat.
In 2019, Concord formed a Film & Television Development and Production Department to oversee all long-form audio-visual content produced by both Concord and third-party companies. In 2021, the Company launched Concord Originals as its narrative content creation business that will focus on developing and producing stories anchored by Concord's artists, music and theatrical works. The division's slate comprises feature films, series, documentaries and podcasts, including remakes and re-imaginings of properties from Concord's iconic portfolio.
Concord Originals recently executive produced Billie, a documentary about Billie Holiday which premiered at Telluride Film Festival in 2019. The business is in development on several major screen projects based on iconic musicals by Rodgers & Hammerstein: a TV series reimagining of Oklahoma!, which Concord Originals is producing alongside Skydance TV, a remake of The King and I with Temple Hill at Paramount Pictures and a contemporary take on Flower Drum Song with Daniel Dae Kim's 3AD and Janet Yang Productions. Additional announced projects include a scripted series centering the history-making label Fania with Sherry Marsh, Jorge Granier and Sergio Pizzolante, an elevated genre film inspired by the music of blues legend Robert Johnson and a scripted podcast that tells the story behind the classic Mexican ballad Peregrina with Prodigal Entertainment. Concord Originals has also partnered with Skydance and Jennifer Lopez's Nuyorican Productions to develop a slate of original projects based on Concord's catalog of theatrical works.
Concord is also a member company/investor in Techstars Music and has invested in a range of technology startups.