When was Concord Music Group founded and by whom?
Concord Records was founded by Bob Thiele before 2004. The company was established as an independent label that later became Concord Music Group through strategic acquisitions.
Questions about Concord Music Group
Short answers, pulled from the story.
What happened to Concord Music Group in 2004?
In 2004, Concord Records purchased Fantasy Inc. to acquire the Prestige, Riverside, and Specialty catalogs. This acquisition reunited labels that had recorded the golden age of jazz and allowed Concord to inherit rights to artists like Cannonball Adderley and Bill Evans.
How did Concord Music Group partner with Starbucks in 2004?
Concord Music Group partnered with Starbucks to release Ray Charles's Genius Loves Company exclusively in Starbucks stores. The album won eight Grammy Awards including Album of the Year and led to the creation of the Hear Music label in 2007.
When was the Stax label re-launched by Concord Music Group?
Concord Music Group re-launched the Stax label in 2006 after acquiring its rights through the purchase of Fantasy Inc. The label added artists such as Isaac Hayes and Angie Stone to its roster while honoring the legacy of American soul music.
When did Concord Music Group become a private company?
Concord Music Group transitioned from a public company to a privately held entity in 2013 under the ownership of Wood Creek Capital Management. The company later merged with Bicycle Music Company in 2015 to form Concord Bicycle Music.