Bertelsmann and Great Mountain Partners Combine BMG and Concord

Concord Acquires Broadway Licensing Global and Its Imprints

May 8, 2025

Media & Entertainment

Concord has acquired Broadway Licensing Global (BLG) and its family of imprints — Broadway Licensing, Dramatists Play Service, Playscripts, and Stage Rights — adding roughly 150 titles and hundreds of authors to Concord Theatricals' catalogue. The deal (which excludes BLG's Stageworks development division and the Broadway On Demand streaming service) consolidates theatrical-licensing catalogs under Concord to expand its publishing and licensing capabilities.

Concord Acquires Stem Distribution

March 24, 2025

Media & Entertainment

Concord (Concord Label Group) has acquired Stem, the artist-first distribution and label-services platform led by CEO Milana Lewis and President Kristin Graziani. Stem will operate as a separate division within Concord Label Group to accelerate product investment and global expansion, while Tone — Stem's royalty accounting business — is being spun off as a standalone company with Concord as an investor.

Universal Music Group Acquires 25.8% Stake in Chord Music Partners

February 21, 2024

Media & Entertainment

Universal Music Group (UMG) will acquire a 25.8% minority interest in Chord Music Partners for US$240 million, valuing Chord at US$1.85 billion. The transaction creates a long-term strategic partnership under which UMG will administer Chord's music publishing through UMPG and recorded music through Virgin Music Group; KKR will exit and the Dundee consortium will remain a majority owner.

New Mountain Capital Leads Acquisition of Broadcast Music, Inc. (BMI)

November 23, 2023

Media & Entertainment

New Mountain Capital will lead a shareholder group to acquire Broadcast Music, Inc. (BMI), the world’s largest performing rights organization, with CapitalG taking a passive minority stake. The investment is intended to fund technology upgrades, new service offerings and M&A to increase royalty collections and accelerate cash distributions to BMI affiliates; BMI shareholders will allocate $100 million of sale proceeds to affiliates following closing.

Concord Acquires Mojo Music & Media Publishing Catalog

September 19, 2023

Media & Entertainment

Concord has acquired the music publishing catalog of Mojo Music & Media, adding more than 30,000 songs — including works by REO Speedwagon, KISS and Cheap Trick — to its publishing portfolio. The deal expands Concord's catalog and follows Concord's broader strategic accumulation of publishing assets and recent bid activity in the music-rights market.

HarbourView Equity Partners Acquires Big Loud Mountain Music's Publisher Share of Florida Georgia Line Songs

September 13, 2022

Media & Entertainment

HarbourView Equity Partners has acquired Big Loud Mountain Music's publisher share of select songs from Florida Georgia Line's catalog. The deal expands HarbourView's growing music-catalog portfolio as the firm continues to purchase rights across genres; terms were not disclosed.