An investment group led by Wood Creek Capital Management has agreed to acquire Concord Music Group from Village Roadshow Entertainment. Based in Beverly Hills, Concord is an independent record and music publishing company, with an artist roster that includes Paul Simon, James Taylor, Paul McCartney, Otis Redding, Ray Charles and Creedence Clearwater Revival. Concord partnered with Starbucks in 2007 to jointly found the Hear Music label, and merged with Village Roadshow the following year. Wood Creek Capital, headquartered in New Haven, CT, focuses on intellectual property investing, and has established or helped to build new investment platforms in music copyrights, film and television content.
