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News: Music Industry
Concord Music Acquires Savoy Label Group, 429 Records
Indie music powerhouse Concord Music continues its buying streak with this acquisition of the Savoy Label Group. Details of the deal were not disclosed. In June, Concord acquired music publisher Imagem at a record breaking price reported to be between $500 million and $600 million. The combined companies create the world's sixth largest music publishing company. ...