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Pub Crawling
CONCORD BICYCLE ACQUIRES IMAGEM
6/7/17

The Sound of Music and works by Daft Punk, Pink Floyd and Igor Stravinsky have joined the catalogs of Robert Johnson, George Harrison and Paul Simon at Concord Bicycle Music.

The independent label group/publishing company has acquired Imagem Music Group, which has three units: Rodgers & Hammerstein (theatrical), Imagem Music (pop), and Boosey & Hawkes (classical). The deal is reportedly in the $600m ballpark.

Rodgers & Hammerstein (pictured), founded in 1943, includes The Sound of MusicOklahoma! and plus music by Irving Berlin, Lin-Manuel Miranda and Stephen Schwartz.

Imagem Music controls an immense catalogue of 175k copyrights, featuring songs written by Phil Collins, Daft Punk, Pink Floyd, Mark Ronson, Linkin Park and many others. Boosey & Hawkes controls 74k copyrights by the likes of Béla Bartók, Aaron Copland, John Adams and Steve Reich.

Concord Bicycle Music's combined publishing catalog is now up to 380k copyrighted works.

In making the announcement, Scott Pascucci, CEO, Concord Bicycle Music said, "These are precious copyrights—they represent some of the best music ever created and we are proud to have an opportunity to represent them to the world.”

Imagem,  founded by the Dutch pension fund ABP and the media company CTM Publishing, started by acquiring the Rondor, Zomba, BBC and 19 Music catalogs from Universal.