Thaddeus Chase News Today

We had a great time at the ABA Business Law Section M&A Committee Meeting in beautiful Laguna Beach.

Courtesy of Concord The deal is estimated at $350 million for rights including shares in "Dancing in the Streets," "Moves Like Jagger" and more. Concord has acquired Downtown Musics 145,000-song publishing copyrights, the companies announced Monday (April 26), including shares in "Dancing in the Streets," "Moves Like Jagger," "Green Onions," "Halo," "Stay With Me" and "Shallow." Concord also gets the contracts of Downtown Musics existing songwriter roster. Terms of the acquisit...

Downtown will leave the ownership business and focus on music services exclusively Brian Welk | April 26, 2021 @ 10:12 AM Warner Bros. Downtown Music Holdings has sold its publishing library of 145,000 songs, including tracks by Beyoncé, Lady Gaga, Jay-Z and more, to Concord Music Group. It’s the latest example of the sale of a large music catalog as the industry has seen a flurry of sales for record multiples. But instead of an artist directly selling their own music library to a private g...