Saturday, June 3, 2017

Concord Bicycle Music Acquires Imagem To Create Globes 6th Largest Music Publisher | hypebot

Concord Bicycle Music has acquired Imagem at a record breaking price reported to be between $500 million and $600 million. The combined companies create the world's sixth largest music publishing company.

Imagem Music Group controls 250,000 copyrights clustered in three business units: Rodgers & Hammerstein (theatrical), Imagem Music (pop), and Boosey & Hawkes (classical), with offices in London, Berlin, and New York.

Contemporary songwriters with works represented by Imagen include Phil Collins and Genesis, Daft Punk, Pink Floyd, Mark Ronson, Linkin Park, Sammy Cahn, Iron Maiden, Chet Faker, M.I.A., R. Kelly, Billy Ocean, Will Smith, Steve Miller, Cathy Dennis, Lionel Richie, Kaiser Chiefs, 30 Seconds to Mars, The Revivalists and others.

The transaction team leader for Concord Bicycle Music was Chief Business Development Officer Steven Salm. Concord Bicycle Music was advised by Lisbeth R. Barron and Barron International Group, LLC and Reed Smith LLP. Imagem was advised by David Dunn and Robert Law of Shot Tower Capital and Venable LLP.


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