Business News Deals Labels & Publishers

Concord Music buys Independiente Records

By | Published on Tuesday 7 August 2018

US-based Concord Music has acquired UK indie label Independiente Records which enjoyed much success in the late 1990s and 2000s with the likes of Travis, Embrace, So Solid Crew, Martina Topley-Bird and Paul Weller. In more recent years the record company has been focused on looking for new opportunities to exploit its catalogue, especially in sync.

Confirming the sale to Concord, Independiente founder Andy Macdonald said: “It was very important to me to hand over this collected body of work to a label who both understands and respects the work that has been put in from the artists and label staff, and it was immediately apparent from our meetings with Scott [Pascucci] and Steve [Salm] that they tick both of those boxes and more”.

He added: “Concord Music has assembled a fantastic universe of brilliant music over the years and I am proud to see Independiente become an important part of that picture”.

The there mentioned Steve Salm then said: “Being able to bring the recordings of Travis, Paul Weller, Embrace, So Solid Crew, Archive and many others to Concord Music is a responsibility we take very seriously. Andy developed and created a truly unique roster of artists at Independiente and we look forward to developing the next chapter of marketing, promoting and managing these works of art for the artists who created them”.