Concord Music Group

Concord Music Group

Type	Private
Industry	Music & Entertainment
Founded	2004
Headquarters	Beverly Hills, California United States
Area served	worldwide
Owner(s)	Village Roadshow ACT III Communications[1]
Parent	Village Roadshow Entertainment Group
Website	Concord Music Group

Concord Music Group is a record company owned by Village Roadshow formed in 2004 by the merger of Concord Records and Fantasy Records. In 2005, the company acquired the classics and jazz label Telarc International. On December 18, 2006, Concord announced the re-launch of the soul label Stax; rights to the name were formerly held by Fantasy. New signings include Angie Stone and Nikka Costa.^[2]

On March 12, 2007, Concord Music Group and Starbucks jointly founded the Hear Music label, which has released albums by artists that include Paul McCartney, Joni Mitchell, James Taylor, John Mellencamp and more.^[3] In April 2010 it was announced McCartney has transferred distribution rights to his post-Beatles output to Concord from EMI.^[4]

Distribution is mainly handled by Universal Music Group.^[5] In smaller markets, such as those in Africa and Eastern Europe, local independent labels that represent Universal license the catalogue.^[6] Since 2010, Concord Music Group is divided into 3 umbrellas: Concord Records Group, Fantasy Records Group & Telarc Records Group. It is now the 5th largest record groups in the world.^{[citation needed]}

Labels

Main article: List of Concord Music Group labels

References

1. ^ Norman Lear > ACT III Communications
2. ^ [1]
3. ^ [2]
4. ^ Sean Michaels "Paul McCartney cuts ties with EMI", The Guardian, 22 April 2010
5. ^ http://www.concordmusicgroup.com/distribution.php
6. ^ http://www.concordmusicgroup.com/distribution.php

External links

• Official site
• Concord Music Group on MySpace