Concord CEO Scott Pascucci will be interviewed as a part of a marquee event on the MusicNotes stage at the 2022 Web Summit this week in Lisbon. The session, “Buy the rights: The future of music acquisition,” focuses on the surge of investment and major acquisitions in the music industry.
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Scott Pascucci, CEO of Concord (Photo: Business Wire)
Web Summit is considered one of the premier tech conferences in the world, hosting over 70,000 people and bringing together founders, CEOs, policymakers and heads of state from around the globe to explore the industries and innovations that are reshaping the future of business and society.
With experience gained from navigating Concord through a series of major acquisitions in the music publishing, theatricals and narrative content spaces, Pascucci will share his insights into this rapidly growing market. He will also underscore how technology has been at the center of major disruptions in the music industry for the past decade, leading to breakthroughs and innovations and changing the industry for the better.
Pascucci’s feature comes as Concord is solidifying itself as a powerhouse in the music acquisition space and as a preferred destination for artists and songwriters. Earlier this month, Concord announced the purchase of the publishing and recorded music catalogs of Phil Collins, Tony Banks and Mike Rutherford, as well as the catalogs from their years in the band Genesis. In the second half of 2022, Concord also acquired Australian music publisher Native Tongue and various assets of HitCo Entertainment.
“Concord has a unique place in the music industry – we have the financial might of a major and the passion and devotion of an independent,” said Scott Pascucci. “Our robust acquisitions arm has established us as a leader in the music industry, which brings with it the influence to affect positive changes within the business for the benefit of its artists, songwriters and composers and their legacies.”
The “Buy the rights: The future of music acquisition” event at Web Summit will take place on November 4 at 10:15AM E.T./5:15PM GMT. For more information about the Summit and its offering, visit the event page.
ABOUT CONCORD
Concord is the independent, worldwide leader in the development, management and acquisition of sound recordings, music publishing, theatrical performance rights and narrative content. Headquartered in Nashville with additional offices in Los Angeles, New York, London, Berlin, Melbourne and Miami, Concord also has staff in Auckland, Sydney, Toronto and Tokyo. The Company’s catalog consists of nearly 900,000 songs, composed works, plays, musicals and active recordings which are licensed in virtually every country and territory worldwide.
CONCORD LABEL GROUP is comprised of six active labels across many musical genres: Fantasy Records, Fearless Records, Loma Vista Recordings, Rounder Records, Easy Eye Sound, Concord Records and Concord Jazz.
The company’s historical labels are managed by its Craft Recordings team, and include such storied imprints as Fania, Independiente, Milestone, Musart, Nitro, Pablo, Prestige, Riverside, Savoy, Specialty, Stax, Telarc, Varèse Sarabande, Vee-Jay, Victory and Wind-up. Concord’s master recording portfolio contains more than 275,000 active song recordings and includes no less than 300 GRAMMY® winners (representing over 6.6% of all the GRAMMYs® ever awarded) and over 400 Gold, Platinum, multi-Platinum and Diamond RIAA certifications across 215 titles.
Concord Label Group is home to the #1 kids’ music brand, KIDZ BOP, which has sold 23 million albums and generated 8 billion streams globally since its 2001 launch. KIDZ BOP connects with kids and families through its best-selling albums, music videos, consumer products and live tours. The brand also has its own dedicated channel on SiriusXM – KIDZ BOP Radio (Channel 79), where it’s all KIDZ BOP, all the time. The KIDZ BOP Kids, Billboard’s “#1 Kids’ Artist” for 11 years, currently record in five different languages.
CONCORD MUSIC PUBLISHING represents more than 600,000 copyrighted works by the world’s most celebrated songwriters, composers and lyricists. Spanning nearly two centuries of song, through a vast array of genres and territories, Concord Music Publishing also supports a diverse group of contemporary creators producing important and popular new songs and musical works. Concord Music Publishing is home to the world’s leading classical music publisher, Boosey & Hawkes, and operates exclusive joint ventures with top pop music publisher, Pulse Music Group and Hillary Lindsey’s Hang Your Hat Music.
CONCORD THEATRICALS is the world’s most significant theatrical company, comprising the catalogs of R&H Theatricals, Samuel French, Tams-Witmark and The Andrew Lloyd Webber Collection, plus dozens of new signings each year. Our unparalleled roster includes the work of Irving Berlin, Agatha Christie, George & Ira Gershwin, Marvin Hamlisch, Lorraine Hansberry, Kander & Ebb, Ken Ludwig, Lin-Manuel Miranda, Dominique Morisseau, Cole Porter, Rodgers & Hammerstein, Thornton Wilder and August Wilson. We are the only firm providing truly comprehensive services to the creators and producers of plays and musicals, including theatrical licensing, music publishing, script publishing, cast recording and first-class production.
CONCORD ORIGINALS is Concord’s narrative content creation division. The team develops and produces stories anchored by Concord’s artists, music and theatrical works. Concord Originals takes a proactive, narrative-driven approach to each project and partners with A-list storytellers to produce premium content for screen and beyond. The division’s slate is comprised of feature films, series, documentaries and podcasts, including remakes and re-imaginings of properties from Concord’s iconic portfolio.
Concord is a private company funded by long-term institutional capital and members of Concord’s management team. At the forefront of intellectual property valuation, acquisition and utilization, the Concord investment underscores the partners’ belief in the lasting and appreciating global value of superior original creative content.
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