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Business News Deals Labels & Publishers
Concord Music buys the Savoy Label Group
By Chris Cooke | Published on Friday 22 September 2017
US-based Concord Music – “one of the largest integrated music publishing and record companies in the world” apparently, and who doesn’t like some integration – has acquired the Savoy Label Group and its catalogues of jazz, rock and classical music.
Across the 3000 odd master recordings that Concord has bought in the deal are tracks featuring the likes of Charlie Parker, Dizzy Gillespie, Miles Davis, John Coltrane and Erroll Garner on the jazz side, as well as music from the likes of Meat Loaf, Boz Scaggs, Paul Rodgers, Little Feat, Cracker, Camper Van Beethoven, Dr John, Mick Fleetwood, Bruce Hornsby, Roberta Flack and Joe Cocker.
Confirming the deal, Concord Music’s Chief Operating Officer Glen Barros said: “Savoy is a great combination of both legendary masters and incredible recent recordings by a number of wonderful contemporary artists. We are so very proud that it is now a part of Concord Music. And as Steve Vining has done a great job of building Savoy over the recent past, we very much look forward to all that he will bring to our company in the future”.
Steve Vining, by the way, is the former owner of the Savoy Label Group. He will now consult for Concord. Under that alliance, he “may deliver new recording projects to Concord’s various labels”.
And look, here he is with some words: “Concord’s enormous success in many of the same musical genres SLG has pursued convinces me they will be outstanding stewards of both the rich catalogue as well as the new recordings to come from our very talented artists”.