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Business News Deals Labels & Publishers
Concord and Pulse launch joint venture
By Andy Malt | Published on Wednesday 8 January 2020
Concord’s music publishing business will administer the existing and future catalogue of the Pulse Music Group as part of a new joint venture with the LA-based music rights firm.
The new agreement comes after the still rather acquisitive Concord acquired shares in the Pulse business that were previously owned by Japan’s Fujipacific Music, which will continue to act as a sub-publisher for the Pulse catalogue in many Asian markets.
Saying that Pulse is “both complementary to and strategic with [its] ambitions in music publishing”, Concord’s Chief Publishing Executive Jake Wisely adds that “it was quickly apparent that Pulse would make a great partner for us and Pulse recognised that Concord is the best fit for them”.
Pulse’s Co-CEOs Scott Cutler and Josh Abraham add in chorus: “From day one, we built Pulse Music Group as a world class incubator for culturally relevant songs. We wanted to create a haven built by songwriters, for the modern songwriter culture. Through the hard work, A&R prowess and passion of our entire team, combined with the global footprint, financial capacity and administration expertise of the team at Concord, we are now well on our way to achieving that”.
“This joint venture with the team at Concord enables us to continue providing world-class services to our writers who are at the forefront of every decision we make”, they add.
Pulse’s roster of songwriters includes James Blake, Starrah, Ty Dolla $ign, Yebba, Rich The Kid and El-P.
