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COMPANY BENCHMARKING • UNITED STATES

Concord Music Group - Company Profile

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Concord Music Group - Overview

Brands
Boosey & Hawkes, Concord Jazz, Concord Records, Craft Recordings, Easy Eye Sound, Fantasy, Fearless Records, Kidz Bop, Loma Vista, Pulse Music Group, Rounder, Stax, The Rodgers & Hammerstein Organization (R&H), Universal Music Group
Description
Concord Music is a private company with an estimated 500 employees. In the US, the company has a notable market share in at least one industry: Independent Label Music Production, where they account for an estimated 8.2% of total industry revenue and are considered a Rising Star because they display lower market share, but displaying stronger profit and revenue growth than some of their peers.
Company Details

Registered Name: Concord Music Group

Company Type: Other

Employees: 500

Concord Music Group - Operating Industries and Main Competitors

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Concord Music Group - Products and Services

  • Independent Label Music Production in the US

  • Of the 5 core revenue-generating products and services in the Independent Label Music Production in the US industry, Concord Music Group offers:
    • Digital album sales
    • Digital track sales
    • On-demand audio streaming
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Concord Music Group - Analyst Insights

Concord Music Recieves Worldwide Recognition After A Successful Year

Following 2021, Concord Music Group's (Concord) music publishing segment celebrated being named 'Independent Publisher of the Year' at the annual Music Week Awards in London, UK. During the year, the company announced the acquisition of 145,000 owned and co-published music copyrights from Downtown Music Services, a move that bolstered Concord's music assets to over 600,000 works. Due effective leadership, Kim Frankiewicz, the company's EVP of worldwide A&R, predicts that Concord will be positioned as the world's largest independent publisher in three years.

Competition|M&A


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Concord Music Group - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Concord Music Group's performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Independent Label Music Production in the US industry.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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