![]() This deal appears to help bring Concord’s music publishing operation to parity with its record label operations. Last year a Moody’s Investor Services report on Alchemy Copyrights (the investment vehicle that Concord uses to own copyrights that serve as collateral for the company’s debt) noted that Concord’s operations had almost $450 million in revenue. The company has also partnered with Andrew Lloyd Webber and has done the previously mentioned joint venture with the PULSE Music Group. Over the past decade, Concord has acquired such catalogs and brands as Rounder Records, Vee-Jay Records, Razor & Tie, KIDZ BOP, Wind-Up, Fearless Records, Rodgers & Hammerstein, Boosey & Hawkes, Sikorski Music Publishing, Savoy, Varése Sarabande, Fania, Independiente, Musart, Victory Records and Publishing, the publishing catalogs of Imagine Dragons and Spirit B-Unique, theatrical licensors Samuel French and Tams-Witmar. In 2015, Concord Music Group merged with Bicycle Music Company, establishing itself as a leading independent music company. While Concord already has a diverse music publishing catalog that includes iconic songs from the 1940s to more recent rock hits, the deal helps strengthen the company’s contemporary songwriter portfolio with such acts and songwriters as the 1975. The Downtown deal also boosts Concord’s ’80s rock portfolio with songs from Mötley Crüe’s Nikki Sixx. “Our global publishing team is honored to now represent these songwriters and their works to the world.”Ĭoncord Establishes $1 Million Scholarship Fund for Stax Music Academy “The incredible catalog of songs is an excellent complement to the timeless and valuable copyrights upon which Concord has built a successful business,” said Jim Selby, Concord’s chief publishing executive, in a statement. At an NPS multiple in the range of 17-19 times, that works out to $306 million to $380 million, with other sources putting the valuation at about $350 million.Ĭoncord now owns or controls music assets for over 600,000 songs, establishing it firmly as the sixth biggest music publisher. And after 2017’s acquisition of Imagem Music and last year’s deal for a majority stake in PULSE Music Group - each at about $550 million and $150 million valuations, respectively - the company has invested nearly $1 billion in acquiring and signing music assets over the last four years. Billboard estimates that the owned portion of the Downtown catalog has a net publisher share, or gross profit, of $18 million to $20 million, and revenues of about $25 million to $30 million. Terms of the acquisitions were not disclosed, but Billboard estimates the assets being sold carry a $350 million valuation based on an 18–20 times multiple.ĭowntown is only selling the portion of its publishing catalog that it has an ownership stake in and not the songs and catalogs where it serves as administrator. ![]() ![]() I) Vintage Record Players by Decade a) 1940s 1.Concord has acquired Downtown Music’s 145,000-song publishing copyrights, the companies announced Monday (April 26), including shares in “Dancing in the Streets,” “Moves Like Jagger,” “Green Onions,” “Halo,” “Stay With Me” and “Shallow.” Concord also gets the contracts of Downtown Music’s existing songwriter roster. With a little bit of leg work, authentic vintage and antique record players from most any time period can be found. When looking for very old record players, buyers should use search terms like phonograph or gramophone. Be wary of any record player that doesn’t have some kind of branding and model number. Record players in the 80s often have AM/FM radio, cassette and/or 8 Track players as part of the unit.Īdditionally, authentic antique record players will have manufacturer tags, typically underneath or on the back of the unit. ![]() ![]() For example, early 20 th century record players had cabinets/cases made from solid wood, such as mahogany or oak. Depending on the time period of the record player certain features will be present. If a buyer is looking for an authentic antique record player, they should look for brands such as RCA, Columbia, Edison, HMV (His Master’s Voice), Victor/Victrola, Zenith, Panasonic, General Electric, etc. V) Vintage Record Players with Horns/Speakers (Gramophone). ![]()
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