Concord in Advanced Talks to Acquire Stem
The acquisition would help catalog-heavy Concord develop its frontline business. …
Executive Turntable: Concord Forms New Digital Division, Plus Makers of ‘Click-to-License’ Solution Find CEO
Also this week: The Women’s Music Business Association sets its leadership, Black River promotes a creative director and Caldecott hires Bahr from Downtown. …
Inside Concord’s $217 Million Daddy Yankee Catalog Acquisition
The deal includes part of the reggaetón superstar’s rights to “Gasolina,” “Con Calma” and his rights as a featured artist on “Despacito.” …
Concord Raising Additional $850M Through Asset-Backed Security
The ABS is backed by a $5.1-billion catalog featuring songs by Genesis, Phil Collins, R.E.M., Carrie Underwood and Creed. …
Blackstone, Business, Business News, catalog acquisitions, Concord, Hipgnosis, Hipgnosis Songs Fund, Music
Concord Officially Calls Off Bid for Hipgnosis Songs Fund
This paves the way for Blackstone to add the London-listed catalog company to SESAC, MNRK and other music companies in its portfolio. …
Blackstone, Business, Business News, Concord, Hipgnosis, Hipgnosis Song Management, Hipgnosis Songs Fund, Music
Concord Ends Bidding War for Hipgnosis Songs Fund, Blackstone Poised to Take Over
Concord said on Thursday it would not raise its bid to beat Blackstone’s $1.6 billion offer for the publicly listed music royalty fund. …
Concord Label Group Promotes Joe Dent & Jill Weindorf to EVP Roles
Dent rises to executive vp of operations while Weindorf rises to executive vp of marketing. …
Hipgnosis Songs Fund Board Now Backs Blackstone’s $1.6 Billion Acquisition Bid
Concord’s offer of $1.25 per share has been rejected, with HSF directors now recommending shareholders go with Blackstone. …
Concord Raises Offer in Fight to Take Over Hipgnosis Songs Fund
The Nashville-based company is now offering $1.25 per share, a penny more than Blackstone’s possible bid, and says it wants to sell up to 30% of the fund’s assets. …
Blackstone, Business, Business News, Concord, Hipgnosis, Hipgnosis Songs Fund, Merck Mercuriadis, Music
What’s Next for Hipgnosis? A ‘Roller Coaster’ of Missteps Brings the Fund and Its Founder to a Crossroads
As Concord and Blackstone vie to acquire the embattled song fund, Merck Mercuriadis’ future with its investment adviser remains unclear. …