Concord Acquires Stem Distribution
March 24, 2025
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.
- Buyers
- Concord (Concord Label Group)
- Targets
- Stem (Stem Disintermedia)
- Industry
- Media & Entertainment
- Location
- California, United States
- Transaction Type
- Buyout
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