Concord Music Recieves Worldwide Recognition After A Successful Year
Following 2021, Concord Music Group's (Concord) music publishing segment celebrated being named 'Independent Publisher of the Year' at the annual Music Week Awards in London, UK.
During the year, the company announced the acquisition of 145,000 owned and co-published music copyrights from Downtown Music Services, a move that bolstered Concord's music assets to over 600,000 works. Due effective leadership, Kim Frankiewicz, the company's EVP of worldwide A&R, predicts that Concord will be positioned as the world's largest independent publisher in three years.
Competition|M&AIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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