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Business News Deals Labels & Publishers
Concord buys Rounder
By CMU Editorial | Published on Thursday 15 April 2010
California-based indie music group Concord Group, perhaps best known as Starbucks’ business partner in the short lived Hear Music label venture, have bought up another US indie, Boston-based Rounder Records, whose roster and catalogue include music from the likes of Alison Krauss, Mary Chapin Carpenter, Béla Fleck, Steve Martin, Madeleine Peyroux, Robert Plant, Raffi and Willie Nelson.
The indie’s creative and marketing functions will continue to be based in Boston, with current management seemingly staying in place. The label’s founders, Ken Irwin, Bill Nowlin and Marian Leighton Levy, will also continue to have an advisory role.
