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BMG & Concord Merge: New Music Industry Giant

BMG & Concord Merge: New Music Industry Giant

Published 2 weeks, 3 days ago
Description

BMG and Concord, home to stars like Tina Turner and Jelly Roll, are merging to form the worlds fourth-largest music company, valued at fourteen billion dollars. The new entity, under the BMG name, will be the biggest independent player, trailing only Universal, Warner, and Sony. The deal expands their reach in music publishing, recorded music, theatrical rights, and digital distribution, now covering artists like Jason Aldean, Daddy Yankee, Korn, Phil Collins, R.E.M., and hits from Hamilton and The Sound of Music. The merger aims to boost global impact for artists and songwriters while maintaining their artist-first roots and indie hustle.

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