Concord - CMU | the music business explained

Blackstone has found another $12 million down the back of the sofa to sweeten its $1.6 billion Hipgnosis deal

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Hipgnosis • 4 min read

Blackstone has found another $12 million down the back of the sofa to sweeten its $1.6 billion Hipgnosis deal

$12 million is nothing when you’re Blackstone - even if you are basically bidding against yourself. When the red mist sets in, any price is a good price. And when a scheme of arrangement is involved, doubly so. City gibberish? Perhaps. More drama? Definitely!…

Sam Taylor • 03 Jun 2024

Blackstone upstages Concord with $1.30 Hipgnosis Songs Fund bid

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Hipgnosis • 2 min read

Blackstone upstages Concord with $1.30 Hipgnosis Songs Fund bid

Another day and another revised bid for SONG. Blackstone has upped its offer, SONG’s board recommends the offer, so we can all rest tight. Until tomorrow. When will this all end? Are we really going to have to ensure another month of this?…

Sam Taylor • 29 Apr 2024

To the moon! Concord reaches for the high notes as it ups its SONG bid to $1.25

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Hipgnosis • 5 min read

To the moon! Concord reaches for the high notes as it ups its SONG bid to $1.25

Luccia Di Lammermoor opened in Covent Garden last week. If you didn’t get tickets don’t worry: there’s a piece of opera every bit as dramatic - and as likely to end in a bloodbath - playing out as Concord and Blackstone look set to fight to the bitter end in the Hipgnosis Songs Fund takeover race…

Sam Taylor • 24 Apr 2024

Blackstone tops Concord offer for SONG, hints at invoking call option

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Hipgnosis • 5 min read

Blackstone tops Concord offer for SONG, hints at invoking call option

The elephants are on parade again... Blackstone gets heavy with SONG board and goes public with a potential $1.24 offer for beleaguered song rights fund - 7% higher than Concord's offer on Thursday…

Sam Taylor • 20 Apr 2024

Hipgnosis debacle might be over as Concord offers to acquire entire share capital of SONG - but there’s a catch…

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Hipgnosis • 4 min read

Hipgnosis debacle might be over as Concord offers to acquire entire share capital of SONG - but there’s a catch…

Just like your favourite soap opera coming to an end, shed a tear as Hipgnosis v Hipgnosis packs its trunk and says goodbye to the circus, drawing the months-long drama to a close. But wait! There might be a twist…

Sam Taylor • 18 Apr 2024

US ISP hits out at anti-piracy agency used by the music industry in copyright dispute

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Universal Music • 1 min read

US ISP hits out at anti-piracy agency used by the music industry in copyright dispute

US internet company Altice - sued by Universal, BMG and Concord for not doing enough to stop copyright infringement on its networks - has hit out at the anti-piracy agency employed by the record labels and wants more information about its operations…

Chris Cooke • 24 Nov 2023

Music publishers sue AI company Anthropic for copyright infringement

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AI • 2 min read

Music publishers sue AI company Anthropic for copyright infringement

Universal Music Publishing, Concord and ABKCO have sued AI company Anthropic for copyright infringement, claiming that the tech firm has copied and exploited lyrics they control without licence…

Chris Cooke • 19 Oct 2023

Concord acquires Mojo Music & Media catalogue

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Concord • 2 min read

Concord acquires Mojo Music & Media catalogue

Concord has acquired the catalogue of Mojo Music & Media, which was launched by Mark Fried, Peter Shane and Alan Wallis in 2018…

Andy Malt • 20 Sep 2023

Concord makes $468.8 million bid for Round Hill Music Royalty Fund catalogue

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Deals • 1 min read

Concord makes $468.8 million bid for Round Hill Music Royalty Fund catalogue

Concord has made a $468.8 million bid for the catalogue of rights owned by the Round Hill Music Royalty Fund, which includes songs by Bruno Mars, Céline Dion, Louis Armstrong and Carrie Underwood…

Chris Cooke • 08 Sep 2023