Concord (entertainment company)

Music companyTemplate:SHORTDESC:Music company

**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.

Concord hold rights to nearly 900,000 songs, composed works, plays, musicals and active recordings.

Headquartered in Nashville with additional offices in Los Angeles, New York, London, Berlin, Melbourne and Miami and staff in Toronto and Tokyo, Concord’s repertoire is licensed in virtually every country and territory worldwide.

## History

Auto dealer and jazz enthusiast Carl Jefferson started the Concord Jazz record label in 1973. He sold the label to Alliance Entertainment in 1994. 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.

Concord Music Group merged with Bicycle Music in 2015 to become Concord Bicycle Music. As Concord Bicycle Music, the company acquired Razor & Tie, Vanguard Records, Sugar Hill Records, Wind-up Records, Fearless Records, and Musart Music Group including its Edimusa publishing arm (2016).

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.

On April 26, 2021, Concord acquired Downtown's copyrights consisting of 145,000 owned and co-published copyrights for $300 million.

In late 2021, incoming interest prompted Concord majority owner, the Michigan State Retirement System, to consider a sale of its stake in the company. ”We got some very strong bids, and we passed on all of them,” commented current Concord CEO Scott Pascucci. Pascucci reported that Concord received several bids that were “extremely aggressive” but none that were “extraordinary plus.”

In September of 2022, Concord purchased the publishing and recorded music catalogues of Tony Banks, Phil Collins, and Mike Rutherford, as well as the publishing and recorded music catalogue from their years in the band Genesis.

## Divisions

### Concord Music Publishing

In 2017, when Concord purchased the Imagem Music Group, it tripled the size of its catalog bringing it to nearly 600,000 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.

As of 2022, Concord Music Publishing’s active roster includes The 1975, Glen Ballard, Fiona Bevan, BIA, Jason Robert Brown, Tofer Brown, Daft Punk, Davido, Chase + Status, Cautious Clay, Jacob Collier, Denzel Curry, James Earp, Noah Goldstein, Jasper Harris, Ruston Kelly, Tom Kitt, Hillary Lindsey, Duff McKagan, Lori McKenna, Josh Miller, Justin Parker, Steve Reich, John Adams, Steve Robson, Mark Ronson, Anthony Rossomando, Biff Stannard, Varren Wade, Walshy Fire, Tion Wayne, Eric Whitacre, Oh Wonder and Yola.

Concord Music Publishing’s catalog of songwriters and composers includes Benny Blanco, Leonard Bernstein Sammy Cahn, Phil Collins, Willie Colón, Aaron Copland, John Fogerty, Marvin Hamlisch, Oscar Hammerstein II, Imagine Dragons, Iron Maiden, Robert Johnson, Cyndi Lauper, Jimmy Napes, Pink Floyd, Sergei Prokofiev, Trent Reznor, Richard Rodgers, Santigold, Joan Sebastian, Pete Seeger, Nikki Sixx, Igor Stravinsky and Ryan Tedder.

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. PULSE's current songwriter roster includes James Blake, Cordae, Trevor Daniel, El-P, Brent Faiyaz, FNZ, Tyler Johnson, Kehlani, Bonnie McKee, OG Parker, OZ, Rich The Kid, Starrah, Ty Dolla $ign, and YEBBA. The PULSE roster is credited with over 150 million units of recorded music sales, 10 billion streams and more than 250 Platinum and Gold RIAA certifications.

Concord Music Publishing has also launched the new, Nashville-based talent and creative development venture Hang Your Hat Music, in partnership with GRAMMY®, CMA and ACM awarded songwriter Hillary Lindsey.

In April 2021, Concord acquired the roster and catalogue of Downtown Music Publishing bringing its catalog to nearly 600,000 works.

In August 2022, Concord acquired Australian music publisher Native Tongue, effectively launching Concord Music Publishing ANZ.

### Concord Recorded Music

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), Loma Vista Recordings, Easy Eye Sound and Fearless Records (2015). 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.

In September 2022, Concord acquired the assets of L.A. Reid's HitCo Entertainment.

#### Concord Records and Jazz

* Keb' Mo'
* Tears For Fears
* The Record Company
* Esperanza Spalding
* The Offspring
* Boz Scaggs
* Kristin Chenoweth

#### Fantasy Records

* James Taylor
* Nathaniel Rateliff & The Night Sweats
* Valerie June
* Allison Russell
* Lukas Nelson
* Tanya Tucker
* Steve Perry
* Tedeschi Trucks Band
* Seether
* Switchfoot

#### Fearless Records

* I Prevail
* Pierce the Veil
* Ice Nine Kills
* Underøath
* IDKHow

#### Loma Vista Recordings

* Ghost
* St. Vincent
* The Revivalists
* Denzel Curry
* Common
* KoRn
* Andrew Bird
* Robert Glasper

#### Rounder Records

* Dawes
* I’m With Her
* Sarah Jarosz
* Amythyst Kiah
* Billy Strings
* Sierra Ferrell
* Samantha Fish
* Robert Plant & Alison Krauss

#### Craft Recordings

* Thelonious Monk
* Jewel
* R.E.M.
* Otis Redding
* Creedence Clearwater Revival
* Vince Guaraldi
* Hans Zimmer
* Little Richard
* Traveling Wilburys
* Isaac Hayes
* Evanescence
* Natalie Cole
* Creed

#### Craft Latino Recordings

* Antonio Aguilar
* Joan Sebastian

#### KIDZ BOP

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 Theatricals

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.

The professional and amateur theatrical licensing catalog includes Samuel French, R&H Theatricals and Tams-Witmark, representing the works of Rodgers & Hammerstein, Marvin Hamlisch, Irving Berlin, Rodgers & Hart, Cole Porter, George & Ira Gershwin, Jerome Kern, and Kurt Weill, and shows and songs by musical theater composers Lin-Manuel Miranda, Adam Guettel, Jason Robert Brown, Shaina Taub and Michael John LaChiusa.

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**.*

Playwrights include August Wilson, Neil Simon, Tom Stoppard, Tennessee Williams, Dominique Morisseau, Anne Washburn, Mac Rogers, and Edward Albee.

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*.

Concord Theatricals is a co-producer on the currently running Broadway shows of *Hadestown* and the 2022 revival of *Into The Woods* for which Concord Theatricals/Craft Recordings will release the cast album.

### Concord Originals

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 consists of 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.

## Investments

Concord is a member company/investor in Techstars Music and has invested in a range of technology startups.

## References

1. ↑ Indie Music Giant Concord, Worth Over $4 Billion, Eyes Potential Sale power991fm.com Retrieved on 14 January 2022
2. ↑ Concord Music Group Acquires Extensive Catalog (en-US) (2021-04-26).
3. ↑ 3.0 3.1 Concord Music buys theatre publisher and licensor Samuel French; launches Concord Theatricals (en-US) (2018-12-17).
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6. ↑ 6.0 6.1 <templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>Lewis, Randy (May 1, 2010). "Concord Music Group marches to its own beat". *Los Angeles Times*. Retrieved 20 September 2019.
7. ↑ <templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>Yulico, Nicholas (December 3, 2004). "Concord Records buys Fantasy Inc". *East Bay Times*. Retrieved 20 September 2019.
8. ↑ <templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>Lawless, John (April 14, 2010). "Rounder acquired by Concord Music Group". *Bluegrass Today*.
9. ↑ <templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>Abrams, Rachel (March 25, 2013). "Concord Music Group Sold to Wood Creek Capital (EXCLUSIVE)". *Variety*. Retrieved 3 February 2020.
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17. ↑ Concord - Music Business Worldwide (26 January 2021).
18. ↑ Littleton, Cynthia (2021-08-05). Concord Launches Originals Division to Develop Movies, TV and Podcasts From Its IP Vault (EXCLUSIVE) (en-US).
19. ↑ Downtown Sells All Copyrights to Concord in $300 Million-Plus Deal, Will Focus on Music Services variety.com, Retrieved on 7 February 2022
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27. ↑ NEW ALBUM "COMING FROM INSIDE THE HOUSE" RELEASED 12/18! (en-US) (2020-12-14).
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29. ↑ Concord's $500m+ Imagem buy marks the birth of a major player in music (en-US) (2017-06-02).
30. ↑ Concord signs Davido in partnership with Immensum Music (en).
31. ↑ Concord Music Publishing sign global deal with dance music pioneer Carl Cox (en-GB).
32. ↑ Catalog Acquisitions: How Recent Industry Trends Are Bringing Older Music Back into the Spotlight – Music Business Journal (en-US).
33. ↑ Music information - December 1, 2018 (en).
34. ↑ 34.0 34.1 Hip-hop star Denzel Curry signs full catalog deal with Concord Publishing (en-US) (2019-03-08).
35. ↑ Music Publisher with Impact: Jim Selby | CMRRA.
36. ↑ Concord Music Publishing Announces JV with Noah Goldstein (en-US) (2019-04-12).
37. ↑ Jasper Harris - Music Publishing (en-US).
38. ↑ Ruston Kelly Signs Deal With Concord Music Publishing (en-US) (2019-07-10).
39. ↑ Wild, Stephi. Concord Music Publishing Inks Deal With Tom Kitt, Covering His Full Music Catalog and Future Works (en).
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41. ↑ Concord Music Publishing signs Duff McKagan (en).
42. ↑ Concord Music Publishing acquires catalog of Grammy Award-winning songwriter Lori McKenna (en-US) (2021-07-27).
43. ↑ Concord Music Publishing Acquires Catalog Of Songwriter Josh Miller (en-US) (2022-03-01).
44. ↑ Concord Music Signs Hitmaker Justin Parker (en-US) (2018-02-28).
45. ↑ 45.0 45.1 45.2 45.3 Concord Acquires Boosey & Hawkes plus Rodgers & Hammerstein (en) (2017-06-02).
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47. ↑ Concord Music signs Ivor Novello award winner Steve Robson (en-US) (2019-01-10).
48. ↑ Mark Ronson extends global publishing deal with Concord Music (en-US) (2018-12-11).
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52. ↑ Concord's Kim Frankiewicz talks Downtown, Hipgnosis and REM (en).
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54. ↑ Celebrating Leonard Bernstein at 100: An exploration of his solo piano works (en-gb).
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57. ↑ Concord acquires independent Latin music company Fania (en-US) (2018-07-27).
58. ↑ Aaron Copland.
59. ↑ <templatestyles src="Module:Citation/CS1/styles.css"></templatestyles>Decurtis, Anthony (2005-11-01). "John Fogerty Is Closer to Peace With a Label". *The New York Times*. ISSN 0362-4331. Retrieved 2022-04-07.
60. ↑ Marvin Hamlisch: What He Did For PEGOT (en-US).
61. ↑ Concord Music Publishing acquires Imagine Dragons catalog in $100m+ deal (en-US) (2020-08-17).
62. ↑ Concord Music Publishing | LBBOnline (en).
63. ↑ Concord Theatricals to Develop Movies, TV & More From Its Catalog of Musicals (en-US) (2021-08-06).
64. ↑ Concord Acquires Indie Labels Fearless, Wind-Up (en-US) (2015-05-06).
65. ↑ Concord buys Downtown's owned music copyright catalog for around $400m (en-US) (2021-04-26).
66. ↑ Jennewein, Chris (2017-06-03). Beverly Hills publisher buys copyright to Pink Floyd songs, 224,000 others works (en-US).
67. ↑ Concord acquires historic classical music publisher Sikorski (en-US) (2019-06-13).
68. ↑ Trent Reznor Nominated for a Guild of Music Supervisors Award (en-US).
69. ↑ 69.0 69.1 Downtown sells its songs catalogue to Concord, puts focus on its services business | Complete Music Update.
70. ↑ Concord Bicycle Music Acquires Mexican Indie Musart Music Group (en-US).
71. ↑ Concord acquires Wind-Up and Fearless after $100m investment (en-US) (2015-05-06).
72. ↑ Concord buys majority stake in pop publisher Pulse in $100m+ deal (en-US) (2020-01-07).
73. ↑ Aswad, Jem (2020-01-07). Concord Acquires Majority Stake in Pulse Music Group (en-US).
74. ↑ Music Industry Moves: Brent Faiyaz Re-Ups With Pulse Music (en-US) (2022-07-22).
75. ↑ PULSE Music Group (en-US) (2021-01-22).
76. ↑ Brent Faiyaz renews publishing deal with PULSE Music Group (en-US) (2022-07-21).
77. ↑ Hillary Lindsey's Hang Your Hat Music Signs Two New Nashville Songwriters (en-US) (2021-06-24).
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82. ↑ Craft Recordings Announces New Latin Music Office and Expands Staff (en-US).
83. ↑ Concord launches Craft Recordings as its official reissue label (en-US) (2017-04-24).
84. ↑ Warner just lost R.E.M's, erm, 'Warner Bros' catalogue to Concord (en-US) (2015-12-16).
85. ↑ CONFIRMED: CONCORD ACQUIRES HITCO ENTERTAINMENT RECORD LABEL ASSETS (en-US) (2022-09-16).
86. ↑ Chilton, Martin (2020-10-03). 'Oklahoma': "I Realized I Had Something Special" Says Bluesman Keb' Mo' (en-US).
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89. ↑ Esperanza Spalding to Co-Headline 50th Anniversary Concord Jazz Festival (en-us).
90. ↑ rewinditmagazine (2021-04-17). Album Review: The Offspring – Let the Bad Times Roll (Concord Records) (en-US).
91. ↑ Boz Scaggs signs new deal with Concord Music (en-US) (2020-07-01).
92. ↑ Lynch, Joe (2014-09-04). Kristin Chenoweth Signs With Concord Music Group (en-US).
93. ↑ Sexton, Paul (2020-01-23). James Taylor Announces 'American Standard' Album Of Classic Covers (en-US).
94. ↑ Album of the Week: Nathaniel Rateliff & the Night Sweats, 'The Future' (en).
95. ↑ Valerie June with Chastity Brown (en-gb).
96. ↑ ALLISON RUSSELL RELEASES NEW LP, OUTSIDE CHILD, TODAY VIA FANTASY (en-US).
97. ↑ Review: Promise Fulfilled...Lukas Nelson Makes the Most Memorable Album of His Career (en-US) (2021-06-14).
98. ↑ Tanya Tucker Signs to Fantasy Records (en-US) (2019-05-08).
99. ↑ Steve Perry says his Christmas album 'The Season' is his way of "giving back" (en-US) (2021-11-05).
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101. ↑ Seether Returns With First New Album in 3 Years; Si Vis Pacem, Para Bellum Out August 28; First Single "Dangerous" Debuts Today Via Revolver (en-US) (2020-06-24).
102. ↑ SWITCHFOOT ANNOUNCES NEW ALBUM INTERROBANG, OUT VIA FANTASY RECORDS ON AUGUST 20 (en-US) (2021-06-18).
103. ↑ I Prevail Sign To Fearless Records, Announce New Album - News (en).
104. ↑ Pierce The Veil signs to Fearless Records (en-US) (2011-08-23).
105. ↑ Ice Nine Kills sign to Fearless Records, announce headlining tour (en) (2015-09-17).
106. ↑ Lowe, Joshua (2018-02-22). Underoath announces new album and signing with Fearless Records | Soundlink Magazine (en-US).
107. ↑ News: I Don't Know How They Found Me sign to Fearless Records (en-GB) (2018-08-29).
108. ↑ News: Ghost To Release New Album 'Impera' Out March 11 On Loma Vista Recordings. 'Call Me Little Sunshine' Single & Video Live Now (en-GB) (2022-01-20).
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112. ↑ Korn Have Announced The Details Of Their New Album 'Requiem' - News (en).
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114. ↑ Robert Glasper - Music Publishing (en-US).
115. ↑ Dawes Signs With Rounder, Announces Seventh Album for Fall - *Variety* (Published July 22, 2020)
116. ↑ Signing Story: I'm With Her (en-US) (2018-01-05).
117. ↑ Sarah Jarosz Shares Moving New Song "Orange and Blue" (en) (2020-05-01).
118. ↑ Spotlight: Amythyst Kiah (en-US) (2021-10-12).
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120. ↑ Trigger (2021-06-03). Kick Your Boots Up: Sierra Ferrell's Rounder Debut Is Coming (en-US).
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123. ↑ Craft To Release Historic Box Set of Monk on 10-Inch Vinyl (en) (2017-11-16).
124. ↑ Jewel's Multi-Platinum debut is back on vinyl from Craft Recordings (en-US) (2019-03-07).
125. ↑ Craft Recordings Announces Deluxe 25th Anniversary Reissues of R.E.M.'s Monster (en) (2019-09-07).
126. ↑ OTIS REDDING's LIVE AT THE WHISKY A GO GO: THE COMPLETE RECORDINGS RECEIVES GRAMMY® AWARD FOR BEST ALBUM NOTES (en-US).
127. ↑ Craft Recordings to Release 50th Anniv. 1/2 Speed Master of CCR's 'Cosmo's Factory' (en-US) (2020-05-28).
128. ↑ Craft Recordings Announces RSD Slate with Vince Guaraldi, Jonathan Richman, Collective Soul, More (en-US) (2022-02-18).
129. ↑ Concord buys movie music label Varèse Sarabande, signs Cutting Edge deal (en-US) (2018-02-07).
130. ↑ Craft Recordings Celebrates 60th Anniversary of 'Here's Little Richard' with 2-CD Set (en-US) (2017-10-07).
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142. ↑ Lang, Brent (2021-06-16). 'Six' Licensing Rights Sell to Concord Theatricals (EXCLUSIVE) (en-US).
143. ↑ Wild, Stephi. The Spongebob Musical is Now Available For Licensing Through Concord Theatricals (en).
144. ↑ Hadestown Licensing Rights Acquired by Concord Theatricals (en-US).
145. ↑ Rabinowitz, Chloe. Concord Theatricals and Andrew Lloyd Webber's The Really Useful Group Extend Long-Term Partnership (en).
146. ↑ Concord Theatricals – Broadway Organization | IBDB.
147. ↑ Wild, Stephi. INTO THE WOODS Cast Recording Will Be Released in September (en).
148. ↑ N'Duka, Amanda (2018-02-05). Sophia Dilley To Lead Concord Music's Film & Television Production Arm (en-US).
149. ↑ Yang, Rachel (2019-04-16). Skydance Television to Develop 'Oklahoma!' Inspired Series (en-US).
150. ↑ Littleton, Cynthia (2021-08-05). Concord Launches Originals Division to Develop Movies, TV and Podcasts From Its IP Vault (Exclusive) (en-US).
151. ↑ Tartaglione, Nancy (2019-02-21). 'Billie' Documentary Gets Boost From Concord & Billie Holiday Estate (en-US).
152. ↑ Fleming, Mike Jr. (2021-02-12). Paramount To Turn 'The King & I' Into New Film; Temple Hill Producing (en-US).
153. ↑ Fania Records Scripted Project In the Works From Sherry Marsh & Concord (en-US) (2019-10-07).
154. ↑ Concord Launches Originals Division to Develop Movies, TV and Podcasts From Its IP Vault (Exclusive).
155. ↑ D'Alessandro, Anthony (2021-07-12). Jennifer Lopez, Skydance & Concord Team To Adapt IP From Legendary Musical Catalog (en-US).
156. ↑ Ifeanyi, K. C. (2019-02-04). Exclusive: Meet the 9 startups that Techstars believes can disrupt the music industry (en-US).